Tweedy Browne Co.

Tweedy Browne Value Fund · 20 closed periods in the current 5-year detail window (latest closed period: Q1 2026 → next disclosure, 92 priced positions, +0.91% return). Every disclosed long-equity position appears in the table for its period; the Valid column shows 1 (counted in the math) or 0 (excluded — hover the row for the reason). See the methodology for the exact math.

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2026-05-06 → 2026-08-07

92 of 93 priced98.57% coverage

+0.91%

Holdings from Q1 2026 disclosure · accession 0001193125-26-208439 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
CNHITOP 5	20,150,358	$10.82	—	$10.91	$218.03M	$219.84M	+0.83%	17.61%	+14.6 bps	1
IONSTOP 5	2,275,625	$76.85	—	$56.56	$174.88M	$128.71M	-26.40%	13.57%	-358.4 bps	1
KOFTOP 5	1,170,026	$106.95	—	$110.44	$125.13M	$129.22M	+3.26%	9.07%	+29.6 bps	1
BRK-ATOP 5	144	$705940.00	—	$780086.00	$101.66M	$112.33M	+10.50%	8.22%	+86.3 bps	1
GOOGLTOP 5	198,341	$398.04	—	$354.30	$78.95M	$70.27M	-10.99%	4.53%	-49.8 bps	1
JNJ	219,490	$224.62	—	$259.24	$49.3M	$56.9M	+15.41%	4.26%	+65.7 bps	1
BRK-B	97,406	$469.83	—	$521.80	$45.76M	$50.83M	+11.06%	3.71%	+41.0 bps	1
WFC	515,920	$80.42	—	$87.25	$41.49M	$45.01M	+8.49%	3.26%	+27.7 bps	1
ALV	383,592	$121.25	—	$122.86	$46.51M	$47.13M	+1.33%	3.20%	+4.3 bps	1
NVST	1,436,781	$27.07	—	$28.15	$38.89M	$40.45M	+3.99%	2.90%	+11.6 bps	1
FDX	74,035	$377.19	×1.241	$318.57	$27.93M	$29.27M	+4.81%	2.09%	+10.1 bps	1
TFC	557,435	$50.80	—	$52.35	$28.32M	$29.18M	+3.05%	2.04%	+6.2 bps	1
UNF	101,671	$254.34	—	$290.37	$25.86M	$29.52M	+14.17%	2.03%	+28.8 bps	1
UHAL-B	463,332	$48.01	—	$66.02	$22.24M	$30.59M	+37.51%	1.64%	+61.7 bps	1
AXP	62,985	$321.90	—	$340.91	$20.27M	$21.47M	+5.91%	1.51%	+8.9 bps	1
AZO	5,535	$3541.79	—	$3127.29	$19.6M	$17.31M	-11.70%	1.49%	-17.4 bps	1
VRTX	40,387	$427.65	—	$496.07	$17.27M	$20.03M	+16.00%	1.43%	+22.9 bps	1
BAC	365,274	$53.60	—	$63.17	$19.58M	$23.07M	+17.85%	1.41%	+25.3 bps	1
BK	108,955	$133.64	—	$157.61	$14.56M	$17.17M	+17.94%	1.03%	+18.4 bps	1
JAZZ	60,209	$228.57	—	$256.56	$13.76M	$15.45M	+12.25%	0.90%	+11.1 bps	1
NVS	71,305	$148.36	—	$156.33	$10.58M	$11.15M	+5.37%	0.87%	+4.6 bps	1
TTE	117,603	$89.96	—	$85.83	$10.58M	$10.09M	-4.59%	0.85%	-3.9 bps	1
USB	184,248	$56.16	—	$63.94	$10.35M	$11.78M	+13.85%	0.76%	+10.5 bps	1
DEO	126,211	$84.61	—	$96.35	$10.68M	$12.16M	+13.88%	0.75%	+10.4 bps	1
UNP	19,185	$268.23	—	$293.13	$5.15M	$5.62M	+9.28%	0.37%	+3.4 bps	1
GSK	81,785	$50.53	—	$52.96	$4.13M	$4.33M	+4.81%	0.36%	+1.7 bps	1
SNEX	54,035	$106.39	×1.5	$65.84	$5.75M	$5.34M	-7.17%	0.35%	-2.5 bps	1
CSCO	55,199	$91.64	—	$121.43	$5.06M	$6.7M	+32.51%	0.34%	+11.1 bps	1
COP	30,705	$118.90	—	$117.61	$3.65M	$3.61M	-1.08%	0.32%	-0.3 bps	1
GL	27,833	$154.39	—	$183.85	$4.3M	$5.12M	+19.08%	0.31%	+5.9 bps	1
KT	167,181	$21.18	—	$18.50	$3.54M	$3.09M	-12.65%	0.28%	-3.6 bps	1
UL	51,693	$59.70	—	$62.96	$3.09M	$3.25M	+5.46%	0.23%	+1.3 bps	1
HAFN	376,903	$8.82	—	$7.51	$3.32M	$2.83M	-14.85%	0.23%	-3.4 bps	1
PGR	13,711	$196.80	—	$215.33	$2.7M	$2.95M	+9.42%	0.22%	+2.0 bps	1
NE	54,434	$49.08	—	$40.77	$2.67M	$2.22M	-16.93%	0.21%	-3.6 bps	1
TRMD	92,911	$32.91	—	$29.49	$3.06M	$2.74M	-10.39%	0.21%	-2.1 bps	1
NTR	34,137	$73.81	—	$64.42	$2.52M	$2.2M	-12.72%	0.20%	-2.6 bps	1
REZI	73,628	$41.10	×1.437	$26.08	$3.03M	$2.76M	-8.82%	0.20%	-1.7 bps	1
BFH	31,262	$88.30	—	$108.32	$2.76M	$3.39M	+22.67%	0.19%	+4.2 bps	1
PSX	12,367	$171.72	—	$203.91	$2.12M	$2.52M	+18.75%	0.18%	+3.4 bps	1
ZION	37,877	$63.99	—	$70.32	$2.42M	$2.66M	+9.89%	0.17%	+1.7 bps	1
TDW	25,919	$81.72	—	$82.84	$2.12M	$2.15M	+1.37%	0.17%	+0.2 bps	1
HCI	10,906	$153.91	—	$188.69	$1.68M	$2.06M	+22.60%	0.17%	+3.8 bps	1
ARLP	72,382	$25.67	—	$24.62	$1.86M	$1.78M	-4.09%	0.16%	-0.7 bps	1
PNC	9,415	$222.42	—	$252.56	$2.09M	$2.38M	+13.55%	0.16%	+2.1 bps	1
EPD	51,549	$37.56	—	$37.75	$1.94M	$1.95M	+0.51%	0.16%	+0.1 bps	1
AGCO	16,647	$120.23	—	$102.83	$2M	$1.71M	-14.47%	0.15%	-2.2 bps	1
DINO	29,714	$71.08	—	$81.41	$2.11M	$2.42M	+14.53%	0.15%	+2.1 bps	1
ALSN	15,796	$127.70	—	$118.88	$2.02M	$1.88M	-6.91%	0.15%	-1.0 bps	1
MTDR	28,286	$57.76	—	$49.06	$1.63M	$1.39M	-15.06%	0.14%	-2.1 bps	1
HP	48,214	$39.83	—	$37.10	$1.92M	$1.79M	-6.85%	0.14%	-0.9 bps	1
GIII	60,453	$31.95	—	$35.46	$1.93M	$2.14M	+10.99%	0.13%	+1.5 bps	1
TSN	26,123	$68.09	—	$58.04	$1.78M	$1.52M	-14.76%	0.13%	-2.0 bps	1
ARW	11,670	$191.85	—	$203.51	$2.24M	$2.37M	+6.08%	0.13%	+0.8 bps	1
FIBK	49,370	$36.39	—	$37.53	$1.8M	$1.85M	+3.13%	0.13%	+0.4 bps	1
BMY	26,158	$56.59	—	$64.72	$1.48M	$1.69M	+14.37%	0.13%	+1.8 bps	1
UPS	15,515	$99.89	—	$104.50	$1.55M	$1.62M	+4.62%	0.12%	+0.6 bps	1
WU	173,459	$8.99	—	$7.08	$1.56M	$1.23M	-21.25%	0.12%	-2.6 bps	1
SFNC	77,193	$21.59	—	$23.46	$1.67M	$1.81M	+8.66%	0.12%	+1.0 bps	1
CI	5,375	$281.98	—	$282.49	$1.52M	$1.52M	+0.18%	0.11%	+0.0 bps	1
ABG	7,253	$197.70	—	$214.32	$1.43M	$1.55M	+8.41%	0.11%	+0.9 bps	1
ELV	4,796	$374.71	—	$394.20	$1.8M	$1.89M	+5.20%	0.11%	+0.6 bps	1
VSNT	37,692	$40.97	—	$38.67	$1.54M	$1.46M	-5.61%	0.11%	-0.6 bps	1
CVS	19,132	$86.86	—	$95.70	$1.66M	$1.83M	+10.18%	0.11%	+1.1 bps	1
TAP	31,750	$42.76	—	$43.37	$1.36M	$1.38M	+1.43%	0.11%	+0.2 bps	1
HTLD	126,656	$13.10	—	$12.34	$1.66M	$1.56M	-5.80%	0.10%	-0.6 bps	1
ALLY	33,512	$44.30	—	$43.72	$1.48M	$1.47M	-1.31%	0.10%	-0.1 bps	1
DVN	25,622	$46.60	—	$42.98	$1.19M	$1.1M	-7.77%	0.10%	-0.8 bps	1
AAP	24,171	$58.07	—	$57.80	$1.4M	$1.4M	-0.47%	0.10%	-0.0 bps	1
LKQ	42,646	$28.77	—	$24.86	$1.23M	$1.06M	-13.59%	0.10%	-1.4 bps	1
LPG	35,480	$39.05	—	$45.76	$1.39M	$1.62M	+17.18%	0.10%	+1.7 bps	1
VZ	23,972	$47.44	—	$47.06	$1.14M	$1.13M	-0.80%	0.10%	-0.1 bps	1
EMR	8,943	$147.99	—	$158.26	$1.32M	$1.42M	+6.94%	0.09%	+0.6 bps	1
BSM	77,364	$13.57	—	$14.10	$1.05M	$1.09M	+3.91%	0.09%	+0.4 bps	1
CROX	14,015	$105.75	—	$136.62	$1.48M	$1.91M	+29.19%	0.09%	+2.7 bps	1
LW	25,960	$43.23	—	$52.27	$1.12M	$1.36M	+20.91%	0.09%	+1.8 bps	1
SIRI	46,881	$26.68	—	$29.91	$1.25M	$1.4M	+12.11%	0.09%	+1.0 bps	1
UNH	3,667	$367.28	—	$407.08	$1.35M	$1.49M	+10.84%	0.08%	+0.9 bps	1
BZH	50,523	$18.91	—	$33.18	$955.39K	$1.68M	+75.46%	0.08%	+5.8 bps	1
CMCSA	31,496	$26.44	—	$25.36	$832.75K	$798.74K	-4.08%	0.07%	-0.3 bps	1
HLN	72,750	$9.23	—	$10.03	$671.48K	$729.68K	+8.67%	0.06%	+0.5 bps	1
KVUE	40,906	$17.68	—	$19.23	$723.22K	$786.62K	+8.77%	0.06%	+0.5 bps	1
EMBC	75,356	$3.56	—	$4.42	$268.27K	$333.07K	+24.16%	0.05%	+1.3 bps	1
CNC	18,955	$55.33	—	$65.77	$1.05M	$1.25M	+18.87%	0.05%	+0.9 bps	1
FMC	30,877	$14.79	—	$10.59	$456.67K	$326.99K	-28.40%	0.04%	-1.2 bps	1
AMN	27,963	$20.97	—	$36.00	$586.38K	$1.01M	+71.67%	0.04%	+2.9 bps	1
BABA	4,060	$141.44	—	$128.41	$574.25K	$521.34K	-9.21%	0.04%	-0.4 bps	1
PSEC	162,953	$2.78	—	$2.33	$453.01K	$379.68K	-16.19%	0.03%	-0.5 bps	1
OEC	61,120	$8.20	—	$7.24	$501.18K	$442.51K	-11.71%	0.03%	-0.4 bps	1
CNXC	13,623	$23.72	—	$25.72	$323.14K	$350.38K	+8.43%	0.03%	+0.2 bps	1
BAX	9,739	$16.98	—	$27.55	$165.37K	$268.31K	+62.25%	0.02%	+1.1 bps	1
MICC	12,047	$15.07	—	$19.27	$181.55K	$232.15K	+27.87%	0.01%	+0.4 bps	1
SEE	—	—	—	—	—	—	—	1.43%	—	0
Top 5 (by entry value)(5)					$698.65M	$660.37M	-5.48%
Total(92)					$1.3B	$1.31B	+0.91%

2026-02-03 → 2026-05-06

94 of 95 priced98.54% coverage

-1.44%

Holdings from Q4 2025 disclosure · accession 0001193125-26-033986 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
IONSTOP 5	2,464,930	$84.59	—	$76.85	$208.51M	$189.43M	-9.15%	15.76%	-144.2 bps	1
CNHITOP 5	20,180,953	$11.22	—	$10.82	$226.43M	$218.36M	-3.57%	15.03%	-53.6 bps	1
KOFTOP 5	1,188,746	$107.86	—	$106.95	$128.22M	$127.14M	-0.84%	9.10%	-7.7 bps	1
BRK-ATOP 5	144	$740150.00	—	$705940.00	$106.58M	$101.66M	-4.62%	8.78%	-40.6 bps	1
GOOGLTOP 5	199,561	$339.71	—	$398.04	$67.79M	$79.43M	+17.17%	5.05%	+86.7 bps	1
WFC	559,367	$92.31	—	$80.42	$51.64M	$44.98M	-12.88%	4.21%	-54.3 bps	1
JNJ	236,075	$233.10	—	$224.62	$55.03M	$53.03M	-3.64%	3.95%	-14.4 bps	1
BRK-B	97,081	$493.74	—	$469.83	$47.93M	$45.61M	-4.84%	3.94%	-19.1 bps	1
ALV	400,924	$122.33	—	$121.25	$49.05M	$48.61M	-0.88%	3.85%	-3.4 bps	1
FDX	112,747	$353.43	—	$377.19	$39.85M	$42.53M	+6.72%	2.63%	+17.7 bps	1
NVST	1,443,333	$22.91	—	$27.07	$33.07M	$39.07M	+18.16%	2.53%	+46.0 bps	1
TFC	562,160	$54.03	—	$50.80	$30.37M	$28.56M	-5.98%	2.24%	-13.4 bps	1
AXP	64,592	$349.63	—	$321.90	$22.58M	$20.79M	-7.93%	1.93%	-15.3 bps	1
UHAL-B	466,217	$52.16	—	$48.01	$24.32M	$22.38M	-7.96%	1.76%	-14.0 bps	1
BAC	374,462	$54.45	—	$53.60	$20.39M	$20.07M	-1.56%	1.66%	-2.6 bps	1
UNF	102,059	$203.00	—	$254.34	$20.72M	$25.96M	+25.29%	1.59%	+40.2 bps	1
AZO	5,594	$3671.61	—	$3541.79	$20.54M	$19.81M	-3.54%	1.53%	-5.4 bps	1
VRTX	39,148	$465.61	—	$427.65	$18.23M	$16.74M	-8.15%	1.43%	-11.7 bps	1
BK	127,393	$119.32	—	$133.64	$15.2M	$17.02M	+12.00%	1.20%	+14.3 bps	1
DEO	129,808	$93.11	—	$84.61	$12.09M	$10.98M	-9.13%	0.90%	-8.3 bps	1
NVS	74,905	$149.86	—	$148.36	$11.23M	$11.11M	-1.00%	0.83%	-0.8 bps	1
USB	185,768	$58.69	—	$56.16	$10.9M	$10.43M	-4.31%	0.80%	-3.5 bps	1
TTE	135,090	$74.42	—	$89.96	$10.05M	$12.15M	+20.88%	0.71%	+14.9 bps	1
UNP	20,050	$241.49	—	$268.23	$4.84M	$5.38M	+11.07%	0.37%	+4.2 bps	1
CSCO	56,068	$83.11	—	$91.64	$4.66M	$5.14M	+10.26%	0.35%	+3.6 bps	1
GSK	82,243	$53.34	—	$50.53	$4.39M	$4.16M	-5.27%	0.33%	-1.7 bps	1
GL	27,833	$143.65	—	$154.39	$4M	$4.3M	+7.48%	0.31%	+2.4 bps	1
UL	55,374	$69.15	—	$59.70	$3.83M	$3.31M	-13.67%	0.29%	-4.0 bps	1
EPD	108,435	$34.63	—	$37.56	$3.76M	$4.07M	+8.46%	0.28%	+2.4 bps	1
PGR	13,711	$201.03	—	$196.80	$2.76M	$2.7M	-2.10%	0.25%	-0.5 bps	1
COP	26,016	$104.91	—	$118.90	$2.73M	$3.09M	+13.34%	0.20%	+2.6 bps	1
SNEX	22,676	$113.11	×1.5	$106.39	$2.56M	$3.62M	+41.09%	0.17%	+7.2 bps	1
ATMU	40,550	$60.82	—	$54.25	$2.47M	$2.2M	-10.80%	0.17%	-1.8 bps	1
HCI	10,906	$156.34	—	$153.91	$1.71M	$1.68M	-1.55%	0.17%	-0.3 bps	1
GM	25,695	$85.71	—	$78.70	$2.2M	$2.02M	-8.18%	0.17%	-1.4 bps	1
KT	87,409	$20.90	—	$21.18	$1.83M	$1.85M	+1.34%	0.13%	+0.2 bps	1
REZI	46,685	$35.97	—	$41.10	$1.68M	$1.92M	+14.26%	0.13%	+1.9 bps	1
PSX	12,502	$148.09	—	$171.72	$1.85M	$2.15M	+15.96%	0.13%	+2.1 bps	1
BFH	19,659	$75.40	—	$88.30	$1.48M	$1.74M	+17.11%	0.12%	+2.0 bps	1
ZION	24,103	$62.36	—	$63.99	$1.5M	$1.54M	+2.61%	0.11%	+0.3 bps	1
PNC	6,068	$233.82	—	$222.42	$1.42M	$1.35M	-4.88%	0.10%	-0.5 bps	1
AN	6,044	$208.78	—	$204.77	$1.26M	$1.24M	-1.92%	0.10%	-0.2 bps	1
EMR	8,943	$152.10	—	$147.99	$1.36M	$1.32M	-2.70%	0.10%	-0.3 bps	1
AGCO	10,901	$116.54	—	$120.23	$1.27M	$1.31M	+3.17%	0.09%	+0.3 bps	1
GIII	38,843	$30.00	—	$31.95	$1.17M	$1.24M	+6.50%	0.09%	+0.6 bps	1
FIBK	31,775	$37.60	—	$36.39	$1.19M	$1.16M	-3.22%	0.09%	-0.3 bps	1
ELV	3,128	$338.65	—	$374.71	$1.06M	$1.17M	+10.65%	0.09%	+0.9 bps	1
NTR	17,735	$70.41	—	$73.81	$1.25M	$1.31M	+4.83%	0.09%	+0.4 bps	1
ARLP	46,695	$25.00	—	$25.67	$1.17M	$1.2M	+2.68%	0.09%	+0.2 bps	1
HAFN	196,381	$6.20	—	$8.82	$1.22M	$1.73M	+42.26%	0.08%	+3.6 bps	1
WU	107,753	$9.40	—	$8.99	$1.01M	$968.7K	-4.36%	0.08%	-0.4 bps	1
ALSN	10,077	$111.74	—	$127.70	$1.13M	$1.29M	+14.28%	0.08%	+1.1 bps	1
NE	34,637	$36.56	—	$49.08	$1.27M	$1.7M	+34.25%	0.08%	+2.7 bps	1
UPS	9,842	$111.85	—	$99.89	$1.1M	$983.12K	-10.69%	0.08%	-0.8 bps	1
VZ	23,972	$46.25	—	$47.44	$1.11M	$1.14M	+2.57%	0.08%	+0.2 bps	1
TSN	16,565	$64.76	—	$68.09	$1.07M	$1.13M	+5.14%	0.08%	+0.4 bps	1
CVS	12,085	$76.83	—	$86.86	$928.49K	$1.05M	+13.05%	0.08%	+1.0 bps	1
TRMD	48,595	$24.71	—	$32.91	$1.2M	$1.6M	+33.18%	0.08%	+2.6 bps	1
CMCSA	31,496	$31.75	—	$28.21	$1M	$888.55K	-11.16%	0.08%	-0.8 bps	1
TAP	20,167	$49.32	—	$42.76	$994.64K	$862.34K	-13.30%	0.08%	-1.0 bps	1
SFNC	48,572	$20.97	—	$21.59	$1.02M	$1.05M	+2.96%	0.07%	+0.2 bps	1
BMY	16,842	$55.99	—	$56.59	$942.98K	$953.09K	+1.07%	0.07%	+0.1 bps	1
HP	30,709	$35.49	—	$39.83	$1.09M	$1.22M	+12.23%	0.07%	+0.9 bps	1
OBDC	70,781	$11.09	—	$11.76	$784.96K	$832.38K	+6.04%	0.07%	+0.4 bps	1
TDW	16,565	$65.35	—	$81.72	$1.08M	$1.35M	+25.05%	0.07%	+1.7 bps	1
ARW	7,530	$135.36	—	$191.85	$1.02M	$1.44M	+41.73%	0.07%	+2.8 bps	1
UNH	2,459	$284.18	—	$367.28	$698.8K	$903.14K	+29.24%	0.07%	+1.9 bps	1
CLF	60,627	$14.25	—	$11.15	$863.93K	$675.99K	-21.75%	0.07%	-1.4 bps	1
CROX	9,039	$86.32	—	$105.75	$780.25K	$955.87K	+22.51%	0.06%	+1.4 bps	1
HLN	76,530	$10.49	—	$9.23	$802.8K	$706.37K	-12.01%	0.06%	-0.8 bps	1
DINO	16,684	$54.63	—	$71.08	$911.45K	$1.19M	+30.11%	0.06%	+1.9 bps	1
MTDR	18,081	$44.56	—	$57.76	$805.69K	$1.04M	+29.62%	0.06%	+1.8 bps	1
HTLD	80,198	$11.08	—	$13.10	$888.59K	$1.05M	+18.23%	0.06%	+1.1 bps	1
KVUE	40,907	$17.59	—	$17.68	$719.55K	$723.24K	+0.51%	0.06%	+0.0 bps	1
LW	16,565	$46.29	—	$43.23	$766.79K	$716.1K	-6.61%	0.06%	-0.4 bps	1
HLF	51,480	$16.94	—	$16.44	$872.07K	$846.33K	-2.95%	0.05%	-0.2 bps	1
BSM	49,829	$14.79	—	$13.57	$736.97K	$676.18K	-8.25%	0.05%	-0.4 bps	1
BZH	31,872	$22.81	—	$18.91	$727K	$602.7K	-17.10%	0.05%	-0.9 bps	1
ALB	4,517	$170.64	—	$192.61	$770.78K	$870.02K	+12.88%	0.05%	+0.7 bps	1
DVN	16,565	$41.11	—	$46.60	$680.99K	$771.93K	+13.35%	0.05%	+0.7 bps	1
SIRI	30,120	$20.15	—	$26.68	$606.92K	$803.6K	+32.41%	0.05%	+1.6 bps	1
AAP	15,179	$50.70	—	$58.07	$769.58K	$881.44K	+14.54%	0.05%	+0.7 bps	1
BABA	4,060	$163.65	—	$141.44	$664.42K	$574.25K	-13.57%	0.05%	-0.7 bps	1
CNXC	13,973	$37.31	—	$23.72	$521.33K	$331.44K	-36.42%	0.05%	-1.7 bps	1
EMBC	48,191	$10.91	—	$3.56	$525.76K	$171.56K	-67.37%	0.05%	-3.1 bps	1
LPG	22,589	$30.36	—	$39.05	$685.8K	$882.1K	+28.62%	0.04%	+1.3 bps	1
CNC	12,048	$42.51	—	$55.33	$512.16K	$666.62K	+30.16%	0.04%	+1.2 bps	1
PSEC	162,953	$2.72	—	$2.78	$443.23K	$453.01K	+2.21%	0.03%	+0.1 bps	1
CCSI	15,574	$22.01	—	$26.73	$342.78K	$416.29K	+21.44%	0.03%	+0.6 bps	1
AMN	18,072	$20.54	—	$20.97	$371.2K	$378.97K	+2.09%	0.02%	+0.0 bps	1
FMC	20,152	$16.05	—	$14.79	$323.44K	$298.05K	-7.85%	0.02%	-0.2 bps	1
BAX	9,739	$19.91	—	$16.98	$193.9K	$165.37K	-14.72%	0.02%	-0.3 bps	1
OEC	39,157	$6.71	—	$8.20	$262.74K	$321.09K	+22.21%	0.02%	+0.4 bps	1
MICC	12,438	$17.79	—	$15.07	$221.27K	$187.44K	-15.29%	0.02%	-0.2 bps	1
SEE	—	—	—	—	—	—	—	1.46%	—	0
Top 5 (by entry value)(5)					$737.53M	$716.01M	-2.92%
Total(94)					$1.33B	$1.31B	-1.44%

2025-11-20 → 2026-02-03

97 of 97 priced100.00% coverage

+13.42%

Holdings from Q3 2025 disclosure · accession 0001193125-25-288943 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
IONSTOP 5	2,901,216	$73.12	—	$84.59	$212.14M	$245.41M	+15.69%	16.48%	+258.6 bps	1
CNHITOP 5	13,281,370	$9.40	—	$11.22	$124.84M	$149.02M	+19.36%	12.52%	+242.3 bps	1
BRK-ATOP 5	144	$754625.00	—	$740150.00	$108.67M	$106.58M	-1.92%	9.43%	-18.1 bps	1
KOFTOP 5	1,206,328	$87.51	—	$107.86	$105.57M	$130.11M	+23.25%	8.71%	+202.5 bps	1
GOOGLTOP 5	233,967	$289.45	—	$339.71	$67.72M	$79.48M	+17.36%	4.94%	+85.8 bps	1
ALV	432,664	$112.69	—	$122.33	$48.76M	$52.93M	+8.55%	4.64%	+39.7 bps	1
BRK-B	99,113	$501.12	—	$493.74	$49.67M	$48.94M	-1.47%	4.33%	-6.4 bps	1
WFC	581,595	$82.40	—	$92.31	$47.92M	$53.69M	+12.03%	4.23%	+50.9 bps	1
JNJ	242,003	$203.07	—	$233.10	$49.14M	$56.41M	+14.79%	3.90%	+57.6 bps	1
NVST	1,452,374	$19.11	—	$22.91	$27.75M	$33.27M	+19.88%	2.57%	+51.1 bps	1
FDX	113,295	$263.10	—	$353.43	$29.81M	$40.04M	+34.33%	2.32%	+79.7 bps	1
TFC	575,735	$44.40	—	$54.03	$25.56M	$31.11M	+21.69%	2.29%	+49.6 bps	1
AZO	5,816	$3849.81	—	$3671.61	$22.39M	$21.35M	-4.63%	2.17%	-10.0 bps	1
UHAL-B	464,565	$45.07	—	$52.16	$20.94M	$24.23M	+15.73%	2.05%	+32.3 bps	1
AXP	66,237	$343.80	—	$349.63	$22.77M	$23.16M	+1.70%	1.91%	+3.2 bps	1
BAC	381,079	$51.00	—	$54.45	$19.44M	$20.75M	+6.76%	1.71%	+11.6 bps	1
SEE	509,581	$42.02	—	$41.85	$21.41M	$21.33M	-0.40%	1.56%	-0.6 bps	1
VRTX	39,065	$422.32	—	$465.61	$16.5M	$18.19M	+10.25%	1.33%	+13.6 bps	1
BK	139,041	$106.46	—	$119.32	$14.8M	$16.59M	+12.08%	1.32%	+15.9 bps	1
DEO	126,995	$88.73	—	$93.11	$11.27M	$11.82M	+4.94%	1.05%	+5.2 bps	1
NVS	76,054	$124.36	—	$149.86	$9.46M	$11.4M	+20.50%	0.85%	+17.4 bps	1
USB	196,125	$46.49	—	$58.69	$9.12M	$11.51M	+26.24%	0.82%	+21.6 bps	1
TTE	132,189	$63.47	—	$74.42	$8.39M	$9.84M	+17.25%	0.69%	+11.8 bps	1
FMC	223,902	$12.18	—	$16.05	$2.73M	$3.59M	+31.77%	0.65%	+20.8 bps	1
UNP	20,131	$221.21	—	$241.49	$4.45M	$4.86M	+9.17%	0.41%	+3.8 bps	1
GL	29,139	$130.37	—	$143.65	$3.8M	$4.19M	+10.19%	0.36%	+3.7 bps	1
ATMU	89,157	$46.70	—	$60.82	$4.16M	$5.42M	+30.24%	0.35%	+10.6 bps	1
CSCO	56,126	$75.44	—	$83.11	$4.23M	$4.66M	+10.17%	0.33%	+3.4 bps	1
UL	62,616	$59.28	×0.888	$69.15	$3.71M	$3.84M	+3.59%	0.32%	+1.2 bps	1
GSK	82,243	$46.11	—	$53.34	$3.79M	$4.39M	+15.68%	0.31%	+4.8 bps	1
EPD	108,435	$31.89	—	$34.63	$3.46M	$3.76M	+8.59%	0.29%	+2.5 bps	1
PGR	13,711	$226.00	—	$201.03	$3.1M	$2.76M	-11.05%	0.29%	-3.2 bps	1
COP	24,721	$87.47	—	$104.91	$2.16M	$2.59M	+19.94%	0.20%	+4.0 bps	1
SNEX	19,436	$84.34	—	$113.11	$1.64M	$2.2M	+34.11%	0.17%	+5.8 bps	1
HCI	9,394	$170.39	—	$156.34	$1.6M	$1.47M	-8.25%	0.16%	-1.3 bps	1
REZI	39,989	$28.83	—	$35.97	$1.15M	$1.44M	+24.77%	0.15%	+3.7 bps	1
PSX	12,502	$131.99	—	$148.09	$1.65M	$1.85M	+12.20%	0.15%	+1.8 bps	1
GOOG	6,272	$289.98	—	$340.70	$1.82M	$2.14M	+17.49%	0.13%	+2.3 bps	1
KT	70,591	$17.67	—	$20.90	$1.25M	$1.48M	+18.28%	0.12%	+2.2 bps	1
GM	22,023	$68.04	—	$85.71	$1.5M	$1.89M	+25.97%	0.12%	+3.0 bps	1
EMR	9,188	$123.72	—	$152.10	$1.14M	$1.4M	+22.94%	0.10%	+2.4 bps	1
WTFC	9,052	$127.91	—	$156.04	$1.16M	$1.41M	+21.99%	0.10%	+2.3 bps	1
ZION	20,647	$50.44	—	$62.36	$1.04M	$1.29M	+23.63%	0.10%	+2.4 bps	1
AN	5,180	$198.27	—	$208.78	$1.03M	$1.08M	+5.30%	0.10%	+0.5 bps	1
VZ	23,972	$40.76	—	$46.25	$977.1K	$1.11M	+13.47%	0.09%	+1.2 bps	1
PNC	5,204	$183.54	—	$233.82	$955.14K	$1.22M	+27.39%	0.09%	+2.5 bps	1
ARLP	39,999	$23.86	—	$25.00	$954.38K	$999.98K	+4.78%	0.09%	+0.4 bps	1
AGCO	9,389	$100.14	—	$116.54	$940.21K	$1.09M	+16.38%	0.09%	+1.4 bps	1
CMCSA	31,496	$26.63	×1.067	$29.76	$838.74K	$1M	+19.24%	0.09%	+1.7 bps	1
HAFN	161,597	$6.30	—	$6.20	$1.02M	$1M	-1.59%	0.08%	-0.1 bps	1
BFH	16,851	$61.67	—	$75.40	$1.04M	$1.27M	+22.26%	0.08%	+1.8 bps	1
ELV	2,696	$313.99	—	$338.65	$846.52K	$913K	+7.85%	0.08%	+0.6 bps	1
FIBK	27,239	$30.60	—	$37.60	$833.51K	$1.02M	+22.88%	0.08%	+1.7 bps	1
GIII	32,393	$27.10	—	$30.00	$877.85K	$971.79K	+10.70%	0.07%	+0.8 bps	1
NTR	14,615	$55.06	—	$70.41	$804.7K	$1.03M	+27.88%	0.07%	+2.1 bps	1
NE	29,669	$29.41	—	$36.56	$872.57K	$1.08M	+24.31%	0.07%	+1.8 bps	1
WMK	11,610	$65.58	—	$72.57	$761.38K	$842.54K	+10.66%	0.07%	+0.8 bps	1
LW	14,189	$55.59	—	$46.29	$788.77K	$656.81K	-16.73%	0.07%	-1.2 bps	1
TRMD	40,007	$21.97	—	$24.71	$878.95K	$988.57K	+12.47%	0.07%	+0.9 bps	1
EIG	19,364	$38.75	—	$44.86	$750.36K	$868.67K	+15.77%	0.07%	+1.1 bps	1
AAP	13,019	$48.37	—	$50.70	$629.73K	$660.06K	+4.82%	0.07%	+0.3 bps	1
SFNC	41,660	$17.45	—	$20.97	$726.97K	$873.61K	+20.17%	0.07%	+1.4 bps	1
CVE	46,942	$18.06	—	$19.95	$847.77K	$936.49K	+10.47%	0.07%	+0.7 bps	1
ARW	6,450	$101.87	—	$135.36	$657.06K	$873.07K	+32.88%	0.07%	+2.2 bps	1
CVS	10,357	$76.04	—	$76.83	$787.55K	$795.73K	+1.04%	0.07%	+0.1 bps	1
OBDC	60,629	$12.03	—	$11.09	$729.37K	$672.38K	-7.81%	0.07%	-0.5 bps	1
TSN	14,189	$52.71	—	$64.76	$747.9K	$918.88K	+22.86%	0.07%	+1.5 bps	1
TDW	14,189	$52.40	—	$65.35	$743.5K	$927.25K	+24.71%	0.07%	+1.6 bps	1
DINO	14,308	$52.20	—	$54.63	$746.88K	$781.65K	+4.66%	0.07%	+0.3 bps	1
ALSN	8,781	$81.25	—	$111.74	$713.46K	$981.19K	+37.53%	0.06%	+2.4 bps	1
UNH	2,137	$311.54	—	$284.18	$665.76K	$607.29K	-8.78%	0.06%	-0.6 bps	1
WU	92,417	$8.17	—	$9.40	$755.05K	$868.72K	+15.06%	0.06%	+1.0 bps	1
BABA	4,060	$153.28	—	$163.65	$622.32K	$664.42K	+6.77%	0.06%	+0.4 bps	1
UPS	8,546	$90.87	—	$111.85	$776.58K	$955.87K	+23.09%	0.06%	+1.4 bps	1
MTDR	15,489	$40.46	—	$44.56	$626.68K	$690.19K	+10.13%	0.06%	+0.6 bps	1
HLN	76,668	$9.60	—	$10.49	$736.01K	$804.25K	+9.27%	0.06%	+0.6 bps	1
CCSI	23,272	$20.24	—	$22.01	$471.03K	$512.22K	+8.75%	0.06%	+0.5 bps	1
BZH	27,336	$19.92	—	$22.81	$544.53K	$623.53K	+14.51%	0.06%	+0.8 bps	1
KVUE	41,041	$16.15	—	$17.59	$662.81K	$721.91K	+8.92%	0.06%	+0.5 bps	1
BMY	14,466	$45.94	—	$55.99	$664.57K	$809.95K	+21.88%	0.06%	+1.2 bps	1
CNXC	14,158	$33.36	—	$37.31	$472.31K	$528.23K	+11.84%	0.06%	+0.7 bps	1
CROX	7,743	$78.51	—	$86.32	$607.9K	$668.38K	+9.95%	0.06%	+0.6 bps	1
CLF	51,987	$10.98	—	$14.25	$570.82K	$740.81K	+29.78%	0.06%	+1.6 bps	1
SIRI	25,800	$19.92	—	$20.15	$513.94K	$519.87K	+1.15%	0.05%	+0.1 bps	1
EMBC	41,279	$13.73	—	$10.91	$566.76K	$450.35K	-20.54%	0.05%	-1.0 bps	1
HP	26,389	$26.10	—	$35.49	$688.75K	$936.55K	+35.98%	0.05%	+1.8 bps	1
LPG	19,349	$24.70	—	$30.36	$477.92K	$587.44K	+22.92%	0.05%	+1.1 bps	1
HTLD	68,750	$7.08	—	$11.08	$486.75K	$761.75K	+56.50%	0.05%	+2.8 bps	1
BSM	42,701	$13.70	—	$14.79	$585K	$631.55K	+7.96%	0.05%	+0.4 bps	1
DVN	14,189	$35.16	—	$41.11	$498.89K	$583.31K	+16.92%	0.04%	+0.7 bps	1
PSEC	139,622	$2.65	—	$2.72	$370K	$379.77K	+2.64%	0.03%	+0.1 bps	1
HLF	44,136	$9.64	—	$16.94	$425.47K	$747.66K	+75.73%	0.03%	+2.5 bps	1
CNC	10,320	$34.83	—	$42.51	$359.45K	$438.7K	+22.05%	0.03%	+0.7 bps	1
ALB	3,869	$116.42	—	$170.64	$450.43K	$660.21K	+46.57%	0.03%	+1.3 bps	1
AMN	15,480	$15.34	—	$20.54	$237.46K	$317.96K	+33.90%	0.03%	+0.9 bps	1
OEC	33,541	$4.35	—	$6.71	$145.9K	$225.06K	+54.25%	0.02%	+1.2 bps	1
BAX	9,739	$17.42	—	$19.91	$169.65K	$193.9K	+14.29%	0.02%	+0.3 bps	1
Top 5 (by entry value)(5)					$618.94M	$710.61M	+14.81%
Total(97)					$1.16B	$1.32B	+13.42%

2025-07-29 → 2025-11-20

91 of 91 priced100.00% coverage

+8.85%

Holdings from Q2 2025 disclosure · accession 0000950123-25-006713 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
CNHITOP 5	13,311,912	$12.81	—	$9.40	$170.53M	$125.13M	-26.62%	16.00%	-425.9 bps	1
KOFTOP 5	1,217,892	$83.22	—	$87.51	$101.35M	$106.58M	+5.16%	10.92%	+56.3 bps	1
IONSTOP 5	2,891,948	$41.48	—	$73.12	$119.96M	$211.46M	+76.28%	10.60%	+808.2 bps	1
BRK-ATOP 5	153	$713705.00	—	$754625.00	$109.2M	$115.46M	+5.73%	10.34%	+59.3 bps	1
GOOGLTOP 5	321,299	$195.75	—	$289.45	$62.89M	$93M	+47.87%	5.25%	+251.3 bps	1
BRK-B	101,499	$476.56	—	$501.12	$48.37M	$50.86M	+5.15%	4.57%	+23.6 bps	1
ALV	433,246	$114.01	—	$112.69	$49.39M	$48.82M	-1.16%	4.50%	-5.2 bps	1
WFC	598,781	$82.65	—	$82.40	$49.49M	$49.34M	-0.30%	4.45%	-1.3 bps	1
JNJ	244,713	$168.11	—	$203.07	$41.14M	$49.69M	+20.80%	3.47%	+72.1 bps	1
NVST	1,460,413	$20.30	—	$19.11	$29.65M	$27.91M	-5.86%	2.65%	-15.5 bps	1
FDX	114,047	$234.54	—	$263.10	$26.75M	$30.01M	+12.18%	2.40%	+29.3 bps	1
UHAL-B	475,351	$54.99	—	$45.07	$26.14M	$21.42M	-18.04%	2.40%	-43.2 bps	1
TFC	580,542	$44.73	—	$44.40	$25.97M	$25.78M	-0.74%	2.31%	-1.7 bps	1
AZO	6,051	$3873.85	—	$3849.81	$23.44M	$23.3M	-0.62%	2.08%	-1.3 bps	1
AXP	68,093	$308.54	—	$343.80	$21.01M	$23.41M	+11.43%	2.01%	+23.0 bps	1
BAC	385,707	$47.95	—	$51.00	$18.49M	$19.67M	+6.36%	1.69%	+10.8 bps	1
VRTX	37,253	$468.41	—	$422.32	$17.45M	$15.73M	-9.84%	1.54%	-15.1 bps	1
SEE	516,397	$30.42	—	$42.02	$15.71M	$21.7M	+38.13%	1.49%	+56.7 bps	1
DEO	130,802	$104.32	—	$88.73	$13.65M	$11.61M	-14.94%	1.22%	-18.3 bps	1
BK	142,960	$101.87	—	$106.46	$14.56M	$15.22M	+4.51%	1.21%	+5.4 bps	1
FMC	238,124	$42.07	—	$12.18	$10.02M	$2.9M	-71.05%	0.92%	-65.5 bps	1
NVS	77,269	$117.22	—	$124.36	$9.06M	$9.61M	+6.09%	0.87%	+5.3 bps	1
USB	203,123	$46.09	—	$46.49	$9.36M	$9.44M	+0.87%	0.85%	+0.7 bps	1
TTE	133,168	$61.46	—	$63.47	$8.18M	$8.45M	+3.27%	0.76%	+2.5 bps	1
UNP	20,718	$223.77	—	$221.21	$4.64M	$4.58M	-1.14%	0.44%	-0.5 bps	1
CSCO	57,759	$67.96	—	$75.44	$3.93M	$4.36M	+11.01%	0.37%	+4.1 bps	1
UL	62,957	$59.33	—	$59.28	$3.74M	$3.73M	-0.08%	0.36%	-0.0 bps	1
GL	30,525	$143.27	—	$130.37	$4.37M	$3.98M	-9.00%	0.35%	-3.2 bps	1
PGR	13,711	$241.49	—	$226.00	$3.31M	$3.1M	-6.41%	0.34%	-2.2 bps	1
EPD	108,435	$31.43	—	$31.89	$3.41M	$3.46M	+1.46%	0.31%	+0.5 bps	1
GSK	86,871	$37.67	—	$46.11	$3.27M	$4.01M	+22.41%	0.31%	+6.9 bps	1
ATMU	89,586	$38.65	—	$46.70	$3.46M	$4.18M	+20.83%	0.30%	+6.3 bps	1
GOOG	13,153	$196.43	—	$289.98	$2.58M	$3.81M	+47.63%	0.22%	+10.3 bps	1
COP	21,304	$97.99	—	$87.47	$2.09M	$1.86M	-10.74%	0.18%	-1.9 bps	1
PSX	12,874	$128.41	—	$131.99	$1.65M	$1.7M	+2.79%	0.14%	+0.4 bps	1
EMR	9,689	$147.61	—	$123.72	$1.43M	$1.2M	-16.18%	0.12%	-1.9 bps	1
CMCSA	31,564	$32.83	—	$26.63	$1.04M	$840.55K	-18.89%	0.10%	-2.0 bps	1
VZ	24,034	$42.71	—	$40.76	$1.03M	$979.63K	-4.57%	0.10%	-0.4 bps	1
KVUE	45,857	$22.17	—	$16.15	$1.02M	$740.59K	-27.15%	0.09%	-2.4 bps	1
HLN	76,806	$9.81	—	$9.60	$753.47K	$737.34K	-2.14%	0.07%	-0.2 bps	1
CNXC	14,858	$57.84	—	$33.36	$859.39K	$495.66K	-42.32%	0.07%	-3.1 bps	1
HCI	4,760	$138.31	—	$170.39	$658.36K	$811.06K	+23.19%	0.07%	+1.6 bps	1
KT	33,645	$20.34	—	$17.67	$684.34K	$594.51K	-13.13%	0.06%	-0.9 bps	1
WTFC	4,418	$131.50	—	$127.91	$580.97K	$565.11K	-2.73%	0.05%	-0.1 bps	1
GM	10,769	$52.11	—	$68.04	$561.17K	$732.72K	+30.57%	0.05%	+1.5 bps	1
ZION	10,055	$54.77	—	$50.44	$550.71K	$507.17K	-7.91%	0.05%	-0.4 bps	1
ARLP	19,477	$27.33	—	$23.86	$532.31K	$464.72K	-12.70%	0.05%	-0.6 bps	1
AN	2,532	$193.23	—	$198.27	$489.26K	$502.02K	+2.61%	0.05%	+0.1 bps	1
AGCO	4,755	$107.67	—	$100.14	$511.97K	$476.17K	-6.99%	0.05%	-0.3 bps	1
BFH	8,245	$62.78	—	$61.67	$517.62K	$508.47K	-1.77%	0.04%	-0.1 bps	1
BABA	4,060	$119.36	—	$153.28	$484.6K	$622.32K	+28.42%	0.04%	+1.2 bps	1
EIG	9,434	$46.18	—	$38.75	$435.66K	$365.57K	-16.09%	0.04%	-0.7 bps	1
REZI	19,467	$24.55	—	$28.83	$477.91K	$561.23K	+17.43%	0.04%	+0.7 bps	1
OBDC	29,515	$14.55	—	$12.03	$429.44K	$355.07K	-17.32%	0.04%	-0.7 bps	1
NTR	6,961	$60.43	—	$55.06	$420.65K	$383.27K	-8.89%	0.04%	-0.3 bps	1
ARW	3,140	$130.03	—	$101.87	$408.29K	$319.87K	-21.66%	0.04%	-0.8 bps	1
SFNC	20,476	$19.80	—	$17.45	$405.42K	$357.31K	-11.87%	0.04%	-0.4 bps	1
TSN	6,907	$53.65	—	$52.71	$370.56K	$364.07K	-1.75%	0.04%	-0.1 bps	1
FIBK	13,337	$29.38	—	$30.60	$391.84K	$408.11K	+4.15%	0.04%	+0.1 bps	1
NE	14,443	$28.36	—	$29.41	$409.6K	$424.77K	+3.70%	0.04%	+0.1 bps	1
HAFN	76,617	$5.63	—	$6.30	$431.35K	$482.69K	+11.90%	0.04%	+0.4 bps	1
CROX	3,771	$104.30	—	$78.51	$393.32K	$296.06K	-24.73%	0.04%	-0.9 bps	1
MTDR	7,545	$52.36	—	$40.46	$395.06K	$305.27K	-22.73%	0.03%	-0.8 bps	1
LW	6,907	$59.46	—	$55.59	$410.69K	$383.96K	-6.51%	0.03%	-0.2 bps	1
LGND	3,140	$131.58	—	$199.03	$413.16K	$624.95K	+51.26%	0.03%	+1.7 bps	1
CVS	5,061	$60.00	—	$76.04	$303.66K	$384.84K	+26.73%	0.03%	+0.9 bps	1
UNH	1,095	$261.07	—	$311.54	$285.87K	$341.14K	+19.33%	0.03%	+0.6 bps	1
BMY	7,184	$46.86	—	$45.94	$336.64K	$330.03K	-1.96%	0.03%	-0.1 bps	1
TDW	6,907	$52.56	—	$52.40	$363.03K	$361.93K	-0.30%	0.03%	-0.0 bps	1
TRMD	19,093	$19.28	—	$21.97	$368.11K	$419.47K	+13.95%	0.03%	+0.4 bps	1
CVE	22,144	$15.17	—	$18.06	$335.92K	$399.92K	+19.05%	0.03%	+0.5 bps	1
BZH	13,254	$24.36	—	$19.92	$322.87K	$264.02K	-18.23%	0.03%	-0.5 bps	1
BAX	9,770	$28.84	—	$17.42	$281.77K	$170.19K	-39.60%	0.03%	-1.1 bps	1
AAP	6,316	$56.74	—	$48.37	$358.37K	$305.5K	-14.75%	0.03%	-0.4 bps	1
HTLD	33,664	$8.12	—	$7.08	$273.35K	$238.34K	-12.81%	0.03%	-0.3 bps	1
SIRI	12,560	$23.31	—	$19.92	$292.77K	$250.2K	-14.54%	0.03%	-0.4 bps	1
DINO	6,921	$45.04	—	$52.20	$311.72K	$361.28K	+15.90%	0.03%	+0.4 bps	1
BSM	20,855	$12.57	—	$13.70	$262.15K	$285.71K	+8.99%	0.03%	+0.2 bps	1
CNC	5,024	$25.53	—	$34.83	$128.26K	$174.99K	+36.43%	0.03%	+0.9 bps	1
CCSI	11,356	$21.26	—	$20.24	$241.43K	$229.85K	-4.80%	0.02%	-0.1 bps	1
HPK	24,872	$10.29	—	$5.94	$255.93K	$147.74K	-42.27%	0.02%	-1.0 bps	1
LPG	9,419	$29.71	—	$24.70	$279.84K	$232.65K	-16.86%	0.02%	-0.4 bps	1
DVN	6,907	$34.22	—	$35.16	$236.36K	$242.85K	+2.75%	0.02%	+0.1 bps	1
ACDC	27,632	$8.16	—	$3.31	$225.48K	$91.46K	-59.44%	0.02%	-1.2 bps	1
PSEC	67,032	$3.30	—	$2.65	$221.21K	$177.63K	-19.70%	0.02%	-0.4 bps	1
EMBC	20,095	$10.75	—	$13.73	$216.02K	$275.9K	+27.72%	0.02%	+0.5 bps	1
CLF	25,507	$10.86	—	$10.98	$277.01K	$280.07K	+1.10%	0.02%	+0.0 bps	1
HP	12,826	$17.23	—	$26.10	$220.99K	$334.76K	+51.48%	0.02%	+0.9 bps	1
HLF	21,628	$9.44	—	$9.64	$204.17K	$208.49K	+2.12%	0.02%	+0.0 bps	1
OEC	16,329	$11.03	—	$4.35	$180.11K	$71.03K	-60.56%	0.02%	-1.0 bps	1
PSNY	22,607	$1.06	—	$0.54	$23.96K	$12.3K	-48.68%	0.00%	-0.1 bps	1
Top 5 (by entry value)(5)					$563.93M	$651.63M	+15.55%
Total(91)					$1.08B	$1.18B	+8.85%

2025-05-15 → 2025-07-29

59 of 59 priced100.00% coverage

+4.09%

Holdings from Q1 2025 disclosure · accession 0000950123-25-005518 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
CNHITOP 5	13,335,317	$13.40	—	$12.81	$178.69M	$170.83M	-4.40%	14.51%	-63.9 bps	1
BRK-ATOP 5	167	$759100.00	—	$713705.00	$126.77M	$119.19M	-5.98%	11.82%	-70.7 bps	1
KOFTOP 5	1,285,257	$91.47	—	$83.22	$117.56M	$106.96M	-9.02%	10.40%	-93.8 bps	1
GOOGLTOP 5	672,947	$163.96	—	$195.75	$110.34M	$131.73M	+19.39%	9.22%	+178.8 bps	1
IONSTOP 5	2,983,518	$32.99	—	$41.48	$98.43M	$123.76M	+25.74%	7.98%	+205.3 bps	1
JNJ	438,271	$149.61	—	$168.11	$65.57M	$73.68M	+12.37%	6.44%	+79.7 bps	1
BRK-B	89,970	$507.33	—	$476.56	$45.64M	$42.88M	-6.07%	4.25%	-25.8 bps	1
WFC	644,280	$75.59	—	$82.65	$48.7M	$53.25M	+9.34%	4.10%	+38.3 bps	1
ALV	433,706	$100.92	—	$114.01	$43.77M	$49.45M	+12.97%	3.40%	+44.1 bps	1
UHAL-B	480,424	$58.35	—	$54.99	$28.03M	$26.42M	-5.76%	2.52%	-14.5 bps	1
FDX	115,213	$231.11	—	$234.54	$26.63M	$27.02M	+1.48%	2.49%	+3.7 bps	1
NVST	1,496,834	$18.09	—	$20.30	$27.08M	$30.39M	+12.22%	2.29%	+28.0 bps	1
TFC	607,846	$41.18	—	$44.73	$25.03M	$27.19M	+8.62%	2.22%	+19.1 bps	1
AZO	6,256	$3758.37	—	$3873.85	$23.51M	$24.23M	+3.07%	2.11%	+6.5 bps	1
AXP	71,820	$299.55	—	$308.54	$21.51M	$22.16M	+3.00%	1.71%	+5.1 bps	1
VRTX	38,316	$434.38	—	$468.41	$16.64M	$17.95M	+7.83%	1.65%	+12.9 bps	1
BAC	393,091	$44.38	—	$47.95	$17.45M	$18.85M	+8.04%	1.45%	+11.7 bps	1
SEE	546,476	$31.75	—	$30.42	$17.35M	$16.62M	-4.19%	1.40%	-5.9 bps	1
DEO	136,194	$114.79	—	$104.32	$15.63M	$14.21M	-9.12%	1.26%	-11.5 bps	1
BK	148,501	$89.39	—	$101.87	$13.27M	$15.13M	+13.96%	1.10%	+15.4 bps	1
FMC	287,218	$39.22	—	$42.07	$11.26M	$12.08M	+7.27%	1.07%	+7.8 bps	1
NVS	81,025	$108.46	—	$117.22	$8.79M	$9.5M	+8.08%	0.80%	+6.5 bps	1
TTE	137,194	$59.21	—	$61.46	$8.12M	$8.43M	+3.80%	0.79%	+3.0 bps	1
USB	208,109	$44.58	—	$46.09	$9.28M	$9.59M	+3.39%	0.78%	+2.6 bps	1
UNP	21,068	$230.85	—	$223.77	$4.86M	$4.71M	-3.07%	0.44%	-1.4 bps	1
GL	31,626	$120.57	—	$143.27	$3.81M	$4.53M	+18.83%	0.37%	+7.0 bps	1
UL	66,675	$61.84	—	$59.33	$4.12M	$3.96M	-4.06%	0.35%	-1.4 bps	1
PGR	13,711	$281.15	—	$241.49	$3.85M	$3.31M	-14.11%	0.34%	-4.9 bps	1
EPD	111,435	$32.29	—	$31.43	$3.6M	$3.5M	-2.66%	0.34%	-0.9 bps	1
CSCO	58,299	$64.26	—	$67.96	$3.75M	$3.96M	+5.76%	0.32%	+1.8 bps	1
GSK	90,545	$37.57	—	$37.67	$3.4M	$3.41M	+0.27%	0.31%	+0.1 bps	1
ATMU	89,586	$38.55	—	$38.65	$3.45M	$3.46M	+0.26%	0.29%	+0.1 bps	1
COP	22,709	$92.96	—	$97.99	$2.11M	$2.23M	+5.41%	0.21%	+1.1 bps	1
GOOG	14,278	$165.40	—	$196.43	$2.36M	$2.8M	+18.76%	0.20%	+3.7 bps	1
PSX	13,101	$124.77	—	$128.41	$1.63M	$1.68M	+2.92%	0.14%	+0.4 bps	1
CNXC	22,051	$55.14	—	$57.84	$1.22M	$1.28M	+4.90%	0.11%	+0.5 bps	1
CMCSA	32,326	$35.33	—	$32.83	$1.14M	$1.06M	-7.08%	0.11%	-0.7 bps	1
KVUE	47,098	$23.88	—	$22.17	$1.12M	$1.04M	-7.16%	0.10%	-0.7 bps	1
EMR	9,959	$120.25	—	$147.61	$1.2M	$1.47M	+22.75%	0.10%	+2.2 bps	1
VZ	24,034	$43.48	—	$42.71	$1.04M	$1.03M	-1.77%	0.10%	-0.2 bps	1
HLN	81,419	$10.67	—	$9.81	$868.74K	$798.72K	-8.06%	0.07%	-0.6 bps	1
BABA	4,645	$123.90	—	$119.36	$575.52K	$554.43K	-3.66%	0.05%	-0.2 bps	1
BAX	9,831	$31.04	—	$28.84	$305.15K	$283.53K	-7.09%	0.03%	-0.2 bps	1
HCI	1,981	$164.14	—	$138.31	$325.16K	$273.99K	-15.74%	0.03%	-0.4 bps	1
ARLP	8,755	$26.61	—	$27.33	$232.97K	$239.27K	+2.71%	0.02%	+0.1 bps	1
FITB	5,925	$39.49	—	$42.64	$233.98K	$252.64K	+7.98%	0.02%	+0.2 bps	1
WTFC	2,029	$122.29	—	$131.50	$248.13K	$266.81K	+7.53%	0.02%	+0.2 bps	1
GM	4,826	$50.12	—	$52.11	$241.88K	$251.48K	+3.97%	0.02%	+0.1 bps	1
ZION	4,553	$49.06	—	$54.77	$223.37K	$249.37K	+11.64%	0.02%	+0.2 bps	1
EIG	4,289	$49.28	—	$46.18	$211.36K	$198.07K	-6.29%	0.02%	-0.1 bps	1
KT	12,150	$19.37	—	$20.34	$235.35K	$247.13K	+5.01%	0.02%	+0.1 bps	1
OBDC	13,431	$14.60	—	$14.55	$196.09K	$195.42K	-0.34%	0.02%	-0.0 bps	1
HPK	11,363	$9.92	—	$10.29	$112.72K	$116.93K	+3.73%	0.01%	+0.0 bps	1
HTLD	15,332	$9.14	—	$8.12	$140.13K	$124.5K	-11.16%	0.01%	-0.1 bps	1
PSEC	30,562	$3.64	—	$3.30	$111.25K	$100.85K	-9.34%	0.01%	-0.1 bps	1
HAFN	28,183	$5.14	—	$5.63	$144.86K	$158.67K	+9.53%	0.01%	+0.1 bps	1
ACDC	12,519	$6.28	—	$8.16	$78.62K	$102.16K	+29.94%	0.01%	+0.3 bps	1
CLF	11,365	$7.43	—	$10.86	$84.44K	$123.42K	+46.16%	0.01%	+0.4 bps	1
PSNY	10,256	$1.08	—	$1.06	$11.08K	$10.87K	-1.85%	0.00%	-0.0 bps	1
Top 5 (by entry value)(5)					$631.79M	$652.46M	+3.27%
Total(59)					$1.15B	$1.2B	+4.09%

2025-02-12 → 2025-05-15

43 of 43 priced100.00% coverage

+1.63%

Holdings from Q4 2024 disclosure · accession 0000950123-25-001787 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	285	$707500.00	—	$759100.00	$201.64M	$216.34M	+7.29%	13.08%	+95.4 bps	1
CNHITOP 5	14,634,939	$12.53	—	$13.40	$183.38M	$196.11M	+6.94%	11.18%	+77.6 bps	1
JNJTOP 5	1,080,471	$155.26	—	$149.61	$167.75M	$161.65M	-3.64%	10.53%	-38.3 bps	1
GOOGLTOP 5	736,815	$183.61	—	$163.96	$135.29M	$120.81M	-10.70%	9.40%	-100.6 bps	1
FMC	2,862,055	$36.66	—	$39.22	$104.92M	$112.25M	+6.98%	9.38%	+65.5 bps	1
IONS	3,248,863	$30.84	—	$32.99	$100.19M	$107.18M	+6.97%	7.66%	+53.4 bps	1
KOFTOP 5	1,329,940	$82.91	—	$91.47	$110.27M	$121.65M	+10.32%	6.98%	+72.1 bps	1
WFC	677,364	$79.25	—	$75.59	$53.68M	$51.2M	-4.62%	3.21%	-14.8 bps	1
BRK-B	100,415	$471.73	—	$507.33	$47.37M	$50.94M	+7.55%	3.07%	+23.2 bps	1
ALV	444,159	$92.80	—	$100.92	$41.22M	$44.82M	+8.75%	2.81%	+24.6 bps	1
FDX	118,859	$262.65	—	$231.11	$31.22M	$27.47M	-12.01%	2.25%	-27.1 bps	1
UHAL-B	489,431	$64.27	—	$58.35	$31.46M	$28.56M	-9.21%	2.11%	-19.5 bps	1
NVST	1,528,831	$20.86	—	$18.09	$31.89M	$27.66M	-13.28%	1.99%	-26.4 bps	1
TFC	636,823	$46.38	—	$41.18	$29.54M	$26.22M	-11.21%	1.86%	-20.9 bps	1
AXP	89,548	$306.40	—	$299.55	$27.44M	$26.82M	-2.24%	1.79%	-4.0 bps	1
AZO	7,696	$3432.96	—	$3758.37	$26.42M	$28.92M	+9.48%	1.66%	+15.7 bps	1
SEE	564,481	$33.85	—	$31.75	$19.11M	$17.92M	-6.20%	1.29%	-8.0 bps	1
BAC	429,853	$46.21	—	$44.38	$19.86M	$19.08M	-3.96%	1.27%	-5.0 bps	1
DEO	138,420	$106.42	—	$114.79	$14.73M	$15.89M	+7.87%	1.19%	+9.3 bps	1
VRTX	40,631	$453.20	—	$434.38	$18.41M	$17.65M	-4.15%	1.10%	-4.6 bps	1
BK	156,883	$85.32	—	$89.39	$13.39M	$14.02M	+4.77%	0.81%	+3.9 bps	1
USB	231,179	$47.49	—	$44.58	$10.98M	$10.31M	-6.13%	0.75%	-4.6 bps	1
NVS	83,141	$107.00	—	$108.46	$8.9M	$9.02M	+1.36%	0.55%	+0.7 bps	1
TTE	142,229	$60.86	—	$59.21	$8.66M	$8.42M	-2.71%	0.52%	-1.4 bps	1
KVUE	356,796	$20.96	—	$23.88	$7.48M	$8.52M	+13.93%	0.51%	+7.2 bps	1
ATMU	131,732	$39.47	—	$38.55	$5.2M	$5.08M	-2.33%	0.35%	-0.8 bps	1
UNP	21,965	$248.51	—	$230.85	$5.46M	$5.07M	-7.11%	0.34%	-2.4 bps	1
EPD	136,295	$32.93	—	$32.29	$4.49M	$4.4M	-1.94%	0.29%	-0.6 bps	1
UL	68,803	$59.14	—	$61.84	$4.07M	$4.25M	+4.57%	0.26%	+1.2 bps	1
GL	33,234	$121.47	—	$120.57	$4.04M	$4.01M	-0.74%	0.25%	-0.2 bps	1
CSCO	59,943	$62.53	—	$64.26	$3.75M	$3.85M	+2.77%	0.24%	+0.7 bps	1
PGR	14,586	$256.79	—	$281.15	$3.75M	$4.1M	+9.49%	0.24%	+2.2 bps	1
GSK	93,816	$36.13	—	$37.57	$3.39M	$3.52M	+3.99%	0.21%	+0.9 bps	1
GOOG	14,665	$185.43	—	$165.40	$2.72M	$2.43M	-10.80%	0.19%	-2.0 bps	1
COP	24,007	$98.40	—	$92.96	$2.36M	$2.23M	-5.53%	0.16%	-0.9 bps	1
PSX	13,471	$125.04	—	$124.77	$1.68M	$1.68M	-0.22%	0.10%	-0.0 bps	1
EMR	10,608	$124.50	—	$120.25	$1.32M	$1.28M	-3.41%	0.09%	-0.3 bps	1
CMCSA	34,578	$34.90	—	$35.33	$1.21M	$1.22M	+1.23%	0.09%	+0.1 bps	1
CNXC	28,207	$47.71	—	$55.14	$1.35M	$1.56M	+15.57%	0.08%	+1.3 bps	1
VZ	24,034	$40.53	—	$43.48	$974.1K	$1.04M	+7.28%	0.06%	+0.5 bps	1
HLN	85,509	$9.86	—	$10.67	$843.12K	$912.38K	+8.22%	0.06%	+0.5 bps	1
BABA	4,645	$118.33	—	$123.90	$549.64K	$575.52K	+4.71%	0.03%	+0.1 bps	1
BAX	9,861	$30.29	—	$31.04	$298.69K	$306.09K	+2.48%	0.02%	+0.0 bps	1
Top 5 (by entry value)(5)					$798.32M	$816.56M	+2.28%
Total(43)					$1.49B	$1.52B	+1.63%

2024-11-13 → 2025-02-12

43 of 43 priced100.00% coverage

-1.18%

Holdings from Q3 2024 disclosure · accession 0000950123-24-011077 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	564	$702250.00	—	$707500.00	$396.07M	$399.03M	+0.75%	18.58%	+13.9 bps	1
GOOGLTOP 5	1,701,654	$178.88	—	$183.61	$304.39M	$312.44M	+2.64%	13.45%	+35.6 bps	1
FMCTOP 5	3,125,442	$55.73	—	$36.66	$174.18M	$114.58M	-34.22%	9.83%	-336.2 bps	1
JNJTOP 5	1,126,182	$153.24	—	$155.26	$172.58M	$174.85M	+1.32%	8.70%	+11.5 bps	1
CNHITOP 5	15,334,473	$10.05	—	$12.53	$154.11M	$192.14M	+24.68%	8.11%	+200.2 bps	1
IONS	3,454,676	$37.78	—	$30.84	$130.52M	$106.54M	-18.37%	6.60%	-121.2 bps	1
KOF	1,385,475	$78.22	—	$82.91	$108.37M	$114.87M	+6.00%	5.86%	+35.1 bps	1
BRK-B	140,855	$468.10	—	$471.73	$65.93M	$66.45M	+0.78%	3.09%	+2.4 bps	1
WFC	854,276	$72.77	—	$79.25	$62.17M	$67.7M	+8.90%	2.30%	+20.5 bps	1
ALV	471,284	$101.29	—	$92.80	$47.74M	$43.74M	-8.38%	2.10%	-17.6 bps	1
UHAL-B	598,368	$63.50	—	$64.27	$38M	$38.46M	+1.21%	2.05%	+2.5 bps	1
FDX	157,226	$291.89	—	$262.65	$45.89M	$41.3M	-10.02%	2.05%	-20.5 bps	1
NVST	1,887,420	$20.34	—	$20.86	$38.39M	$39.37M	+2.56%	1.78%	+4.5 bps	1
AZO	11,024	$3161.87	—	$3432.96	$34.86M	$37.84M	+8.57%	1.66%	+14.2 bps	1
TFC	760,929	$46.51	—	$46.38	$35.39M	$35.29M	-0.28%	1.55%	-0.4 bps	1
SEE	766,121	$35.68	—	$33.85	$27.34M	$25.93M	-5.13%	1.33%	-6.8 bps	1
AXP	100,037	$287.64	—	$306.40	$28.77M	$30.65M	+6.52%	1.29%	+8.4 bps	1
VRTX	53,600	$494.61	—	$453.20	$26.51M	$24.29M	-8.37%	1.19%	-9.9 bps	1
BAC	506,461	$45.87	—	$46.21	$23.23M	$23.4M	+0.74%	0.96%	+0.7 bps	1
DEO	139,325	$119.15	—	$106.42	$16.6M	$14.83M	-10.68%	0.93%	-10.0 bps	1
BK	263,670	$77.61	—	$85.32	$20.46M	$22.5M	+9.93%	0.90%	+9.0 bps	1
USB	247,567	$51.17	—	$47.49	$12.67M	$11.76M	-7.19%	0.54%	-3.9 bps	1
CSCO	210,529	$59.18	—	$62.53	$12.46M	$13.16M	+5.66%	0.53%	+3.0 bps	1
UNP	42,889	$240.41	—	$248.51	$10.31M	$10.66M	+3.37%	0.50%	+1.7 bps	1
NVS	85,347	$103.86	—	$107.00	$8.86M	$9.13M	+3.02%	0.47%	+1.4 bps	1
TTE	144,828	$59.87	—	$60.86	$8.67M	$8.81M	+1.65%	0.45%	+0.7 bps	1
GOOG	54,575	$180.49	—	$185.43	$9.85M	$10.12M	+2.74%	0.44%	+1.2 bps	1
KVUE	383,206	$23.14	—	$20.96	$8.87M	$8.03M	-9.42%	0.42%	-4.0 bps	1
CNXC	164,205	$40.65	—	$47.71	$6.67M	$7.83M	+17.37%	0.40%	+7.0 bps	1
PGR	20,891	$261.37	—	$256.79	$5.46M	$5.36M	-1.75%	0.25%	-0.4 bps	1
ATMU	131,732	$43.57	—	$39.47	$5.74M	$5.2M	-9.41%	0.24%	-2.2 bps	1
UL	70,274	$57.38	—	$59.14	$4.03M	$4.16M	+3.07%	0.22%	+0.7 bps	1
GSK	108,035	$35.11	—	$36.13	$3.79M	$3.9M	+2.91%	0.21%	+0.6 bps	1
PSX	30,228	$129.91	—	$125.04	$3.93M	$3.78M	-3.75%	0.19%	-0.7 bps	1
EPD	136,295	$30.39	—	$32.93	$4.14M	$4.49M	+8.36%	0.19%	+1.6 bps	1
GL	35,502	$110.07	—	$121.47	$3.91M	$4.31M	+10.36%	0.18%	+1.9 bps	1
COP	26,718	$111.82	—	$98.40	$2.99M	$2.63M	-12.00%	0.13%	-1.6 bps	1
CMCSA	35,481	$43.91	—	$34.90	$1.56M	$1.24M	-20.52%	0.07%	-1.5 bps	1
BABA	12,940	$92.00	—	$118.33	$1.19M	$1.53M	+28.62%	0.07%	+1.9 bps	1
EMR	11,954	$130.16	—	$124.50	$1.56M	$1.49M	-4.35%	0.06%	-0.3 bps	1
VZ	27,004	$41.14	—	$40.53	$1.11M	$1.09M	-1.48%	0.06%	-0.1 bps	1
HLN	93,584	$9.23	—	$9.86	$863.78K	$922.74K	+6.83%	0.05%	+0.3 bps	1
BAX	9,861	$32.63	—	$30.29	$321.76K	$298.69K	-7.17%	0.02%	-0.1 bps	1
Top 5 (by entry value)(5)					$1.2B	$1.19B	-0.69%
Total(43)					$2.07B	$2.05B	-1.18%

2024-08-13 → 2024-11-13

43 of 44 priced99.00% coverage

+2.66%

Holdings from Q2 2024 disclosure · accession 0000950123-24-007937 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	652	$649105.00	—	$702250.00	$423.22M	$457.87M	+8.19%	18.36%	+150.3 bps	1
GOOGLTOP 5	1,944,587	$164.16	—	$178.88	$319.22M	$347.85M	+8.97%	16.29%	+146.0 bps	1
FMCTOP 5	3,159,056	$61.29	—	$55.73	$193.62M	$176.05M	-9.07%	8.36%	-75.8 bps	1
JNJTOP 5	1,130,462	$158.39	—	$153.24	$179.05M	$173.23M	-3.25%	7.60%	-24.7 bps	1
IONSTOP 5	3,454,676	$46.91	—	$37.78	$162.06M	$130.52M	-19.46%	7.57%	-147.4 bps	1
CNHI	15,362,043	$9.62	—	$10.05	$147.78M	$154.39M	+4.47%	7.16%	+32.0 bps	1
KOF	1,389,727	$88.48	—	$78.22	$122.96M	$108.7M	-11.60%	5.49%	-63.6 bps	1
BRK-B	149,883	$432.41	—	$468.10	$64.81M	$70.16M	+8.25%	2.80%	+23.1 bps	1
WFC	870,944	$52.87	—	$72.77	$46.05M	$63.38M	+37.64%	2.38%	+89.5 bps	1
ALV	471,959	$97.38	—	$101.29	$45.96M	$47.8M	+4.02%	2.32%	+9.3 bps	1
FDX	160,957	$283.10	—	$291.89	$45.57M	$46.98M	+3.10%	2.22%	+6.9 bps	1
UHAL-B	601,930	$63.13	—	$63.50	$38M	$38.22M	+0.59%	1.66%	+1.0 bps	1
AZO	12,126	$3155.91	—	$3161.87	$38.27M	$38.34M	+0.19%	1.65%	+0.3 bps	1
NVST	1,902,167	$16.99	—	$20.34	$32.32M	$38.69M	+19.72%	1.45%	+28.7 bps	1
SEE	893,380	$32.69	—	$35.68	$29.2M	$31.88M	+9.15%	1.43%	+13.1 bps	1
TFC	779,724	$41.69	—	$46.51	$32.51M	$36.26M	+11.56%	1.39%	+16.1 bps	1
GOOG	147,973	$165.93	—	$180.49	$24.55M	$26.71M	+8.77%	1.25%	+11.0 bps	1
VRTX	54,346	$467.59	—	$494.61	$25.41M	$26.88M	+5.78%	1.17%	+6.8 bps	1
AXP	104,088	$238.99	—	$287.64	$24.88M	$29.94M	+20.36%	1.11%	+22.6 bps	1
BAC	514,666	$38.46	—	$45.87	$19.79M	$23.61M	+19.27%	0.94%	+18.1 bps	1
DEO	141,304	$127.90	—	$119.15	$18.07M	$16.84M	-6.84%	0.82%	-5.6 bps	1
BK	280,651	$63.55	—	$77.61	$17.84M	$21.78M	+22.12%	0.77%	+17.1 bps	1
CSCO	230,860	$45.37	—	$59.18	$10.47M	$13.66M	+30.44%	0.50%	+15.4 bps	1
CNXC	166,323	$64.53	—	$40.65	$10.73M	$6.76M	-37.01%	0.48%	-17.9 bps	1
USB	253,807	$42.40	—	$51.17	$10.76M	$12.99M	+20.68%	0.46%	+9.6 bps	1
TTE	148,887	$67.62	—	$59.87	$10.07M	$8.91M	-11.46%	0.46%	-5.2 bps	1
UNP	43,369	$237.27	—	$240.41	$10.29M	$10.43M	+1.32%	0.45%	+0.6 bps	1
NVS	87,606	$112.53	—	$103.86	$9.86M	$9.1M	-7.70%	0.43%	-3.3 bps	1
KVUE	390,743	$21.34	—	$23.14	$8.34M	$9.04M	+8.43%	0.33%	+2.8 bps	1
UL	97,693	$60.80	—	$57.38	$5.94M	$5.61M	-5.63%	0.25%	-1.4 bps	1
PGR	22,330	$222.33	—	$261.37	$4.96M	$5.84M	+17.56%	0.21%	+3.7 bps	1
PSX	30,228	$134.66	—	$129.91	$4.07M	$3.93M	-3.53%	0.20%	-0.7 bps	1
GSK	109,855	$41.18	—	$35.11	$4.52M	$3.86M	-14.74%	0.19%	-2.9 bps	1
EPD	136,295	$28.27	—	$30.39	$3.85M	$4.14M	+7.50%	0.18%	+1.4 bps	1
ATMU	132,195	$32.48	—	$43.57	$4.29M	$5.76M	+34.14%	0.17%	+6.0 bps	1
COP	27,038	$108.34	—	$111.82	$2.93M	$3.02M	+3.21%	0.14%	+0.5 bps	1
BIDU	17,454	$86.20	—	$84.46	$1.5M	$1.47M	-2.02%	0.07%	-0.1 bps	1
CMCSA	37,641	$39.12	—	$43.91	$1.47M	$1.65M	+12.24%	0.07%	+0.8 bps	1
EMR	11,954	$104.10	—	$130.16	$1.24M	$1.56M	+25.03%	0.06%	+1.5 bps	1
VZ	28,814	$40.78	—	$41.14	$1.18M	$1.19M	+0.88%	0.05%	+0.0 bps	1
BABA	13,675	$81.10	—	$92.00	$1.11M	$1.26M	+13.44%	0.05%	+0.6 bps	1
HLN	95,609	$9.78	—	$9.23	$935.06K	$882.47K	-5.62%	0.04%	-0.2 bps	1
BAX	9,861	$34.51	—	$32.63	$340.3K	$321.76K	-5.45%	0.02%	-0.1 bps	1
NWLI	—	—	—	—	—	—	—	1.00%	—	0
Top 5 (by entry value)(5)					$1.28B	$1.29B	+0.65%
Total(43)					$2.16B	$2.22B	+2.66%

2024-05-06 → 2024-08-13

44 of 45 priced98.99% coverage

+0.57%

Holdings from Q1 2024 disclosure · accession 0000950123-24-003875 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	662	$608795.00	—	$649105.00	$403.02M	$429.71M	+6.62%	19.72%	+130.5 bps	1
GOOGLTOP 5	2,003,632	$168.10	—	$164.16	$336.81M	$328.92M	-2.34%	14.20%	-33.3 bps	1
JNJTOP 5	1,133,725	$148.58	—	$158.39	$168.45M	$179.57M	+6.60%	8.42%	+55.6 bps	1
FMCTOP 5	2,507,099	$60.98	—	$61.29	$152.88M	$153.66M	+0.51%	7.50%	+3.8 bps	1
IONSTOP 5	3,454,676	$42.28	—	$46.91	$146.06M	$162.06M	+10.95%	7.03%	+77.0 bps	1
KOF	1,472,664	$97.10	—	$88.48	$143M	$130.3M	-8.88%	6.72%	-59.7 bps	1
ALV	962,767	$123.85	—	$97.38	$119.24M	$93.75M	-21.37%	5.44%	-116.3 bps	1
BRK-B	161,278	$404.92	—	$432.41	$65.3M	$69.74M	+6.79%	3.18%	+21.6 bps	1
GOOG	413,476	$169.83	—	$165.93	$70.22M	$68.61M	-2.30%	2.96%	-6.8 bps	1
WFC	892,334	$60.19	—	$52.87	$53.71M	$47.18M	-12.16%	2.43%	-29.5 bps	1
FDX	162,517	$260.29	—	$283.10	$42.3M	$46.01M	+8.76%	2.21%	+19.4 bps	1
UHAL-B	607,080	$65.55	—	$63.13	$39.79M	$38.32M	-3.69%	1.90%	-7.0 bps	1
AZO	12,225	$2967.70	—	$3155.91	$36.28M	$38.58M	+6.34%	1.81%	+11.5 bps	1
SEE	904,455	$35.79	—	$32.69	$32.37M	$29.57M	-8.66%	1.58%	-13.7 bps	1
TFC	796,679	$39.42	—	$41.69	$31.41M	$33.21M	+5.76%	1.46%	+8.4 bps	1
VRTX	66,699	$402.50	—	$467.59	$26.85M	$31.19M	+16.17%	1.31%	+21.2 bps	1
AXP	109,209	$234.33	—	$238.99	$25.59M	$26.1M	+1.99%	1.17%	+2.3 bps	1
DEO	142,743	$137.15	—	$127.90	$19.58M	$18.26M	-6.74%	1.00%	-6.7 bps	1
NVST	984,719	$19.06	—	$16.99	$18.77M	$16.73M	-10.86%	0.99%	-10.7 bps	1
BAC	521,151	$37.69	—	$38.46	$19.64M	$20.04M	+2.04%	0.93%	+1.9 bps	1
BK	326,643	$57.48	—	$63.55	$18.78M	$20.76M	+10.56%	0.88%	+9.3 bps	1
CNHI	1,081,542	$11.58	—	$9.62	$12.52M	$10.4M	-16.93%	0.66%	-11.1 bps	1
CSCO	242,254	$47.11	—	$45.37	$11.41M	$10.99M	-3.69%	0.57%	-2.1 bps	1
USB	268,656	$41.82	—	$42.40	$11.24M	$11.39M	+1.39%	0.56%	+0.8 bps	1
CNXC	173,338	$61.18	—	$64.53	$10.6M	$11.19M	+5.48%	0.54%	+3.0 bps	1
UNP	44,463	$239.21	—	$237.27	$10.64M	$10.55M	-0.81%	0.51%	-0.4 bps	1
TTE	157,657	$72.03	—	$67.62	$11.36M	$10.66M	-6.12%	0.51%	-3.1 bps	1
KVUE	409,953	$19.08	—	$21.34	$7.82M	$8.75M	+11.84%	0.41%	+4.9 bps	1
NVS	89,446	$97.73	—	$112.53	$8.74M	$10.07M	+15.14%	0.41%	+6.2 bps	1
UL	106,002	$52.15	—	$60.80	$5.53M	$6.44M	+16.59%	0.25%	+4.1 bps	1
GSK	123,044	$43.45	—	$41.18	$5.35M	$5.07M	-5.22%	0.25%	-1.3 bps	1
PSX	31,309	$145.12	—	$134.66	$4.54M	$4.22M	-7.21%	0.24%	-1.7 bps	1
PGR	24,245	$215.51	—	$222.33	$5.23M	$5.39M	+3.16%	0.24%	+0.7 bps	1
ATMU	132,195	$29.69	—	$32.48	$3.92M	$4.29M	+9.40%	0.20%	+1.9 bps	1
EPD	136,295	$28.37	—	$28.27	$3.87M	$3.85M	-0.35%	0.19%	-0.1 bps	1
COP	27,601	$123.55	—	$108.34	$3.41M	$2.99M	-12.31%	0.16%	-2.0 bps	1
BIDU	19,286	$113.33	—	$86.20	$2.19M	$1.66M	-23.94%	0.10%	-2.3 bps	1
CMCSA	39,881	$38.49	—	$39.12	$1.54M	$1.56M	+1.64%	0.08%	+0.1 bps	1
EMR	13,326	$106.24	—	$104.10	$1.42M	$1.39M	-2.01%	0.07%	-0.1 bps	1
VZ	32,589	$39.33	—	$40.78	$1.28M	$1.33M	+3.69%	0.06%	+0.2 bps	1
BABA	17,215	$81.55	—	$81.10	$1.4M	$1.4M	-0.55%	0.06%	-0.0 bps	1
HLN	110,478	$8.24	—	$9.78	$910.34K	$1.08M	+18.69%	0.04%	+0.8 bps	1
CSL	1,995	$405.47	—	$395.54	$808.91K	$789.1K	-2.45%	0.04%	-0.1 bps	1
BAX	10,731	$36.51	—	$34.51	$391.79K	$370.33K	-5.48%	0.02%	-0.1 bps	1
NWLI	—	—	—	—	—	—	—	1.01%	—	0
Top 5 (by entry value)(5)					$1.21B	$1.25B	+3.87%
Total(44)					$2.1B	$2.11B	+0.57%

2024-02-13 → 2024-05-06

43 of 44 priced98.96% coverage

+5.37%

Holdings from Q4 2023 disclosure · accession 0000950123-24-001705 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	662	$593850.00	—	$608795.00	$393.13M	$403.02M	+2.52%	17.63%	+44.4 bps	1
GOOGLTOP 5	2,007,252	$145.14	—	$168.10	$291.33M	$337.42M	+15.82%	13.76%	+217.7 bps	1
FMC	2,961,857	$51.49	—	$60.98	$152.51M	$180.61M	+18.43%	9.16%	+168.9 bps	1
JNJTOP 5	1,135,118	$156.47	—	$148.58	$177.61M	$168.66M	-5.04%	8.73%	-44.0 bps	1
IONSTOP 5	3,454,676	$48.61	—	$42.28	$167.93M	$146.06M	-13.02%	8.58%	-111.7 bps	1
KOFTOP 5	1,577,559	$97.04	—	$97.10	$153.09M	$153.18M	+0.06%	7.33%	+0.5 bps	1
ALV	1,013,017	$107.75	—	$123.85	$109.15M	$125.46M	+14.94%	5.48%	+81.8 bps	1
GOOG	447,711	$146.37	—	$169.83	$65.53M	$76.03M	+16.03%	3.10%	+49.6 bps	1
BRK-B	162,360	$394.80	—	$404.92	$64.1M	$65.74M	+2.56%	2.84%	+7.3 bps	1
WFC	900,468	$48.24	—	$60.19	$43.44M	$54.2M	+24.77%	2.17%	+53.9 bps	1
UHAL-B	607,360	$62.05	—	$65.55	$37.69M	$39.81M	+5.64%	2.10%	+11.8 bps	1
FDX	162,632	$236.39	—	$260.29	$38.44M	$42.33M	+10.11%	2.02%	+20.4 bps	1
SEE	905,520	$35.70	—	$35.79	$32.33M	$32.41M	+0.25%	1.62%	+0.4 bps	1
AZO	12,238	$2726.15	—	$2967.70	$33.36M	$36.32M	+8.86%	1.55%	+13.8 bps	1
TFC	796,209	$34.94	—	$39.42	$27.82M	$31.39M	+12.82%	1.44%	+18.5 bps	1
VRTX	66,764	$416.04	—	$402.50	$27.78M	$26.87M	-3.25%	1.33%	-4.3 bps	1
DEO	143,060	$143.63	—	$137.15	$20.55M	$19.62M	-4.51%	1.02%	-4.6 bps	1
AXP	109,896	$209.67	—	$234.33	$23.04M	$25.75M	+11.76%	1.01%	+11.9 bps	1
BK	352,923	$53.89	—	$57.48	$19.02M	$20.29M	+6.66%	0.90%	+6.0 bps	1
BAC	518,026	$32.75	—	$37.69	$16.97M	$19.52M	+15.08%	0.86%	+12.9 bps	1
CNXC	142,540	$79.50	—	$61.18	$11.33M	$8.72M	-23.04%	0.69%	-15.8 bps	1
CSCO	244,414	$49.64	—	$47.11	$12.13M	$11.51M	-5.10%	0.61%	-3.1 bps	1
USB	272,343	$39.93	—	$41.82	$10.87M	$11.39M	+4.73%	0.58%	+2.7 bps	1
THO	96,493	$116.08	—	$100.73	$11.2M	$9.72M	-13.22%	0.56%	-7.4 bps	1
UNP	44,513	$245.61	—	$239.21	$10.93M	$10.65M	-2.61%	0.54%	-1.4 bps	1
CNHI	819,071	$11.82	—	$11.58	$9.68M	$9.48M	-2.03%	0.49%	-1.0 bps	1
NVS	90,619	$99.06	—	$97.73	$8.98M	$8.86M	-1.34%	0.45%	-0.6 bps	1
KVUE	423,799	$19.25	—	$19.08	$8.16M	$8.09M	-0.88%	0.45%	-0.4 bps	1
UL	122,017	$50.10	—	$52.15	$6.11M	$6.36M	+4.09%	0.29%	+1.2 bps	1
GSK	124,400	$41.39	—	$43.45	$5.15M	$5.41M	+4.98%	0.23%	+1.1 bps	1
PSX	31,362	$145.16	—	$145.12	$4.55M	$4.55M	-0.03%	0.20%	-0.0 bps	1
PGR	25,470	$182.08	—	$215.51	$4.64M	$5.49M	+18.36%	0.20%	+3.7 bps	1
EPD	136,295	$26.39	—	$28.37	$3.6M	$3.87M	+7.50%	0.18%	+1.3 bps	1
COP	27,652	$109.77	—	$123.55	$3.04M	$3.42M	+12.55%	0.16%	+2.0 bps	1
ATMU	132,195	$22.35	—	$29.69	$2.95M	$3.92M	+32.84%	0.15%	+5.0 bps	1
BIDU	20,204	$103.81	—	$113.33	$2.1M	$2.29M	+9.17%	0.12%	+1.1 bps	1
VZ	62,720	$40.13	—	$39.33	$2.52M	$2.47M	-1.99%	0.12%	-0.2 bps	1
CMCSA	41,484	$41.85	—	$38.49	$1.74M	$1.6M	-8.03%	0.09%	-0.7 bps	1
BABA	19,326	$71.60	—	$81.55	$1.38M	$1.58M	+13.90%	0.07%	+1.0 bps	1
EMR	14,430	$104.68	—	$106.24	$1.51M	$1.53M	+1.49%	0.07%	+0.1 bps	1
HLN	115,766	$8.06	—	$8.24	$933.07K	$953.91K	+2.23%	0.05%	+0.1 bps	1
CSL	2,340	$343.73	—	$405.47	$804.33K	$948.8K	+17.96%	0.04%	+0.6 bps	1
BAX	10,731	$39.62	—	$36.51	$425.16K	$391.79K	-7.85%	0.02%	-0.2 bps	1
NWLI	—	—	—	—	—	—	—	1.04%	—	0
Top 5 (by entry value)(5)					$1.18B	$1.21B	+2.13%
Total(43)					$2.02B	$2.13B	+5.37%

2023-11-13 → 2024-02-13

45 of 46 priced98.96% coverage

+9.72%

Holdings from Q3 2023 disclosure · accession 0000950123-23-009957 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	667	$531288.00	—	$593850.00	$354.37M	$396.1M	+11.78%	19.08%	+224.6 bps	1
GOOGLTOP 5	2,007,872	$132.09	—	$145.14	$265.22M	$291.42M	+9.88%	14.14%	+139.7 bps	1
JNJTOP 5	1,140,362	$147.63	—	$156.47	$168.35M	$178.43M	+5.99%	9.56%	+57.2 bps	1
IONSTOP 5	3,510,173	$47.04	—	$48.61	$165.12M	$170.63M	+3.34%	8.57%	+28.6 bps	1
KOFTOP 5	1,585,706	$83.27	—	$97.04	$132.04M	$153.88M	+16.54%	6.69%	+110.7 bps	1
ALV	1,016,727	$97.10	—	$107.75	$98.72M	$109.55M	+10.97%	5.28%	+57.9 bps	1
FMC	1,443,804	$51.23	—	$51.49	$73.97M	$74.34M	+0.51%	5.20%	+2.6 bps	1
GOOG	594,661	$133.64	—	$146.37	$79.47M	$87.04M	+9.53%	4.22%	+40.2 bps	1
BRK-B	164,990	$350.01	—	$394.80	$57.75M	$65.14M	+12.80%	3.11%	+39.8 bps	1
AZO	18,319	$2707.12	—	$2726.15	$49.59M	$49.94M	+0.70%	2.50%	+1.8 bps	1
FDX	163,554	$245.39	—	$236.39	$40.13M	$38.66M	-3.67%	2.33%	-8.6 bps	1
WFC	912,291	$40.77	—	$48.24	$37.19M	$44.01M	+18.32%	2.01%	+36.8 bps	1
SEE	814,905	$31.61	—	$35.70	$25.76M	$29.09M	+12.94%	1.44%	+18.6 bps	1
VRTX	75,004	$378.92	—	$416.04	$28.42M	$31.2M	+9.80%	1.40%	+13.8 bps	1
TFC	811,981	$29.35	—	$34.94	$23.83M	$28.37M	+19.05%	1.25%	+23.8 bps	1
UHAL-B	418,635	$48.79	—	$62.05	$20.43M	$25.98M	+27.18%	1.18%	+32.1 bps	1
DEO	145,561	$142.56	—	$143.63	$20.75M	$20.91M	+0.75%	1.17%	+0.9 bps	1
BK	427,482	$45.40	—	$53.89	$19.41M	$23.04M	+18.70%	0.98%	+18.3 bps	1
AXP	113,719	$154.34	—	$209.67	$17.55M	$23.84M	+35.85%	0.91%	+32.7 bps	1
BAC	526,361	$27.70	—	$32.75	$14.58M	$17.24M	+18.23%	0.78%	+14.1 bps	1
CSCO	267,871	$52.23	—	$49.64	$13.99M	$13.3M	-4.96%	0.78%	-3.8 bps	1
CNXC	148,571	$82.63	—	$79.50	$12.28M	$11.81M	-3.79%	0.64%	-2.4 bps	1
CNHI	843,070	$9.80	—	$11.82	$8.26M	$9.97M	+20.61%	0.55%	+11.3 bps	1
THO	105,236	$92.88	—	$116.08	$9.77M	$12.22M	+24.98%	0.54%	+13.5 bps	1
NVS	94,916	$94.09	—	$99.06	$8.93M	$9.4M	+5.28%	0.52%	+2.7 bps	1
USB	285,613	$34.00	—	$39.93	$9.71M	$11.4M	+17.44%	0.51%	+8.9 bps	1
UNP	45,023	$209.40	—	$245.61	$9.43M	$11.06M	+17.29%	0.49%	+8.5 bps	1
KVUE	447,426	$19.10	—	$19.25	$8.55M	$8.61M	+0.79%	0.48%	+0.4 bps	1
UL	133,262	$48.30	—	$50.10	$6.44M	$6.68M	+3.73%	0.35%	+1.3 bps	1
PGR	34,550	$161.92	—	$182.08	$5.59M	$6.29M	+12.45%	0.26%	+3.2 bps	1
GSK	129,994	$34.61	—	$41.39	$4.5M	$5.38M	+19.59%	0.25%	+5.0 bps	1
PSX	32,006	$114.15	—	$145.16	$3.65M	$4.65M	+27.17%	0.21%	+5.6 bps	1
EPD	136,295	$25.99	—	$26.39	$3.54M	$3.6M	+1.54%	0.20%	+0.3 bps	1
PARA	287,668	$12.00	—	$13.00	$3.45M	$3.74M	+8.33%	0.20%	+1.7 bps	1
COP	30,207	$115.36	—	$109.77	$3.48M	$3.32M	-4.85%	0.19%	-0.9 bps	1
BIDU	21,754	$107.21	—	$103.81	$2.33M	$2.26M	-3.17%	0.16%	-0.5 bps	1
BABA	33,678	$82.26	—	$71.60	$2.77M	$2.41M	-12.96%	0.16%	-2.0 bps	1
ATMU	132,195	$19.70	—	$22.35	$2.6M	$2.95M	+13.45%	0.15%	+2.0 bps	1
CMCSA	49,094	$41.49	—	$41.85	$2.04M	$2.05M	+0.87%	0.12%	+0.1 bps	1
VZ	62,720	$35.82	—	$40.13	$2.25M	$2.52M	+12.03%	0.11%	+1.3 bps	1
INTC	50,994	$38.23	—	$43.16	$1.95M	$2.2M	+12.90%	0.10%	+1.3 bps	1
EMR	15,760	$86.60	—	$104.68	$1.36M	$1.65M	+20.88%	0.08%	+1.7 bps	1
HLN	120,718	$8.01	—	$8.06	$966.95K	$972.99K	+0.62%	0.05%	+0.0 bps	1
CSL	2,440	$269.92	—	$343.73	$658.6K	$838.7K	+27.35%	0.03%	+0.9 bps	1
BAX	11,053	$33.71	—	$39.62	$372.6K	$437.92K	+17.53%	0.02%	+0.4 bps	1
NWLI	—	—	—	—	—	—	—	1.04%	—	0
Top 5 (by entry value)(5)					$1.09B	$1.19B	+9.71%
Total(45)					$1.82B	$2B	+9.72%

2023-08-14 → 2023-11-13

44 of 45 priced99.03% coverage

-4.02%

Holdings from Q2 2023 disclosure · accession 0000950123-23-007916 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	671	$543150.00	—	$531288.00	$364.45M	$356.49M	-2.18%	18.33%	-40.0 bps	1
GOOGLTOP 5	2,007,952	$131.33	—	$132.09	$263.7M	$265.23M	+0.58%	12.68%	+7.3 bps	1
JNJTOP 5	1,209,396	$173.44	—	$147.63	$209.76M	$178.54M	-14.88%	10.56%	-157.1 bps	1
KOFTOP 5	1,825,172	$82.81	—	$83.27	$151.14M	$151.98M	+0.56%	8.02%	+4.5 bps	1
IONSTOP 5	3,540,858	$39.88	—	$47.04	$141.21M	$166.56M	+17.95%	7.66%	+137.6 bps	1
FMC	1,008,400	$89.80	—	$51.23	$90.55M	$51.66M	-42.95%	5.55%	-238.4 bps	1
ALV	1,017,172	$94.51	—	$97.10	$96.13M	$98.77M	+2.74%	4.56%	+12.5 bps	1
GOOG	594,661	$131.83	—	$133.64	$78.39M	$79.47M	+1.37%	3.79%	+5.2 bps	1
BRK-B	185,012	$358.48	—	$350.01	$66.32M	$64.76M	-2.36%	3.33%	-7.9 bps	1
AZO	19,051	$2517.17	—	$2707.12	$47.95M	$51.57M	+7.55%	2.51%	+18.9 bps	1
CSCO	838,040	$53.88	—	$52.23	$45.15M	$43.77M	-3.06%	2.29%	-7.0 bps	1
FDX	169,559	$266.94	—	$245.39	$45.26M	$41.61M	-8.07%	2.22%	-17.9 bps	1
WFC	957,109	$43.74	—	$40.77	$41.86M	$39.02M	-6.79%	2.15%	-14.6 bps	1
BK	702,774	$45.18	—	$45.40	$31.75M	$31.91M	+0.49%	1.65%	+0.8 bps	1
TFC	841,871	$30.57	—	$29.35	$25.74M	$24.71M	-3.99%	1.35%	-5.4 bps	1
DEO	146,275	$173.18	—	$142.56	$25.33M	$20.85M	-17.68%	1.34%	-23.7 bps	1
UHAL-B	433,208	$54.72	—	$48.79	$23.71M	$21.14M	-10.84%	1.16%	-12.5 bps	1
SEE	545,295	$37.48	—	$31.61	$20.44M	$17.24M	-15.66%	1.15%	-18.0 bps	1
AXP	119,329	$166.08	—	$154.34	$19.82M	$18.42M	-7.07%	1.10%	-7.8 bps	1
CNXC	222,753	$74.83	—	$82.63	$16.67M	$18.41M	+10.42%	0.95%	+9.9 bps	1
BAC	546,361	$30.93	—	$27.70	$16.9M	$15.13M	-10.44%	0.83%	-8.6 bps	1
CNHI	855,350	$13.74	—	$9.80	$11.75M	$8.38M	-28.68%	0.65%	-18.6 bps	1
THO	109,371	$108.11	—	$92.88	$11.82M	$10.16M	-14.09%	0.60%	-8.4 bps	1
USB	318,238	$38.72	—	$34.00	$12.32M	$10.82M	-12.19%	0.55%	-6.8 bps	1
NVS	96,056	$103.37	—	$94.09	$9.93M	$9.04M	-8.98%	0.51%	-4.6 bps	1
UNP	45,098	$229.80	—	$209.40	$10.36M	$9.44M	-8.88%	0.49%	-4.3 bps	1
FMS	339,637	$24.60	—	$17.73	$8.36M	$6.02M	-27.93%	0.43%	-12.0 bps	1
UL	151,724	$51.83	—	$48.30	$7.86M	$7.33M	-6.81%	0.42%	-2.8 bps	1
PARA	384,298	$14.93	—	$12.00	$5.74M	$4.61M	-19.62%	0.32%	-6.3 bps	1
GSK	134,514	$35.44	—	$34.61	$4.77M	$4.66M	-2.34%	0.25%	-0.6 bps	1
PGR	34,550	$125.92	—	$161.92	$4.35M	$5.59M	+28.59%	0.24%	+6.9 bps	1
EPD	136,295	$26.79	—	$25.99	$3.65M	$3.54M	-2.99%	0.19%	-0.6 bps	1
COP	30,492	$117.69	—	$115.36	$3.59M	$3.52M	-1.98%	0.17%	-0.3 bps	1
PSX	32,271	$114.67	—	$114.15	$3.7M	$3.68M	-0.45%	0.16%	-0.1 bps	1
BIDU	22,389	$137.59	—	$107.21	$3.08M	$2.4M	-22.08%	0.16%	-3.6 bps	1
BABA	35,388	$93.46	—	$82.26	$3.31M	$2.91M	-11.98%	0.16%	-1.9 bps	1
VZ	65,224	$33.56	—	$35.82	$2.19M	$2.34M	+6.73%	0.13%	+0.9 bps	1
CMCSA	50,564	$46.56	—	$41.49	$2.35M	$2.1M	-10.89%	0.11%	-1.2 bps	1
EMR	22,032	$95.90	—	$86.60	$2.11M	$1.91M	-9.70%	0.11%	-1.0 bps	1
INTC	53,684	$35.68	—	$38.23	$1.92M	$2.05M	+7.15%	0.09%	+0.7 bps	1
HLN	122,418	$8.68	—	$8.01	$1.06M	$980.57K	-7.72%	0.05%	-0.4 bps	1
CSL	2,469	$286.60	—	$269.92	$707.62K	$666.43K	-5.82%	0.03%	-0.2 bps	1
BAX	11,288	$42.81	—	$33.71	$483.24K	$380.52K	-21.26%	0.03%	-0.6 bps	1
CKX	10,600	$10.49	—	$12.45	$111.19K	$131.97K	+18.68%	0.01%	+0.1 bps	1
NWLI	—	—	—	—	—	—	—	0.97%	—	0
Top 5 (by entry value)(5)					$1.13B	$1.12B	-1.01%
Total(44)					$1.94B	$1.86B	-4.02%

2023-05-15 → 2023-08-14

42 of 43 priced99.41% coverage

+6.03%

Holdings from Q1 2023 disclosure · accession 0000950123-23-004966 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	680	$495900.00	—	$543150.00	$337.21M	$369.34M	+9.53%	17.33%	+165.1 bps	1
GOOGLTOP 5	2,014,585	$116.51	—	$131.33	$234.72M	$264.58M	+12.72%	11.44%	+145.5 bps	1
JNJTOP 5	1,231,783	$159.55	—	$173.44	$196.53M	$213.64M	+8.71%	10.45%	+91.0 bps	1
KOFTOP 5	1,925,347	$88.84	—	$82.81	$171.05M	$159.44M	-6.79%	8.48%	-57.6 bps	1
FMC	1,050,167	$110.16	—	$89.80	$115.69M	$94.3M	-18.48%	7.02%	-129.7 bps	1
IONSTOP 5	3,541,046	$36.24	—	$39.88	$128.33M	$141.22M	+10.04%	6.93%	+69.6 bps	1
ALV	1,071,709	$87.14	—	$94.51	$93.39M	$101.29M	+8.46%	5.48%	+46.3 bps	1
GOOG	601,351	$116.96	—	$131.83	$70.33M	$79.28M	+12.71%	3.42%	+43.5 bps	1
BRK-B	190,806	$323.53	—	$358.48	$61.73M	$68.4M	+10.80%	3.22%	+34.8 bps	1
AZO	21,551	$2706.53	—	$2517.17	$58.33M	$54.25M	-7.00%	2.90%	-20.3 bps	1
CSCO	847,508	$47.10	—	$53.88	$39.92M	$45.66M	+14.39%	2.42%	+34.9 bps	1
FDX	169,662	$222.42	—	$266.94	$37.74M	$45.29M	+20.02%	2.12%	+42.5 bps	1
WFC	958,799	$38.77	—	$43.74	$37.17M	$41.94M	+12.82%	1.96%	+25.1 bps	1
BK	782,041	$40.70	—	$45.18	$31.83M	$35.33M	+11.01%	1.95%	+21.4 bps	1
CNXC	276,112	$91.03	—	$74.83	$25.13M	$20.66M	-17.80%	1.84%	-32.7 bps	1
TFC	911,791	$27.87	—	$30.57	$25.41M	$27.87M	+9.69%	1.70%	+16.5 bps	1
DEO	146,425	$179.13	—	$173.18	$26.23M	$25.36M	-3.32%	1.45%	-4.8 bps	1
AXP	119,805	$150.00	—	$166.08	$17.97M	$19.9M	+10.72%	1.08%	+11.6 bps	1
UL	326,566	$54.27	—	$51.83	$17.72M	$16.93M	-4.50%	0.93%	-4.2 bps	1
BAC	497,199	$27.65	—	$30.93	$13.75M	$15.38M	+11.86%	0.78%	+9.2 bps	1
USB	374,297	$29.65	—	$38.72	$11.1M	$14.49M	+30.59%	0.74%	+22.6 bps	1
CNHI	860,335	$14.02	—	$13.74	$12.06M	$11.82M	-2.00%	0.72%	-1.4 bps	1
INTC	279,677	$29.80	—	$35.68	$8.33M	$9.98M	+19.73%	0.50%	+9.9 bps	1
UNP	45,098	$199.64	—	$229.80	$9M	$10.36M	+15.11%	0.50%	+7.5 bps	1
NVS	97,828	$103.12	—	$103.37	$10.09M	$10.11M	+0.24%	0.49%	+0.1 bps	1
THO	109,580	$79.50	—	$108.11	$8.71M	$11.85M	+35.99%	0.48%	+17.2 bps	1
PARA	382,958	$15.81	—	$14.93	$6.05M	$5.72M	-5.57%	0.47%	-2.6 bps	1
FMS	343,559	$23.83	—	$24.60	$8.19M	$8.45M	+3.23%	0.40%	+1.3 bps	1
CMCSA	157,963	$40.20	—	$46.56	$6.35M	$7.35M	+15.82%	0.33%	+5.2 bps	1
PGR	34,550	$132.00	—	$125.92	$4.56M	$4.35M	-4.61%	0.27%	-1.2 bps	1
GSK	135,375	$36.78	—	$35.44	$4.98M	$4.8M	-3.64%	0.26%	-1.0 bps	1
BABA	36,467	$88.34	—	$93.46	$3.22M	$3.41M	+5.80%	0.20%	+1.2 bps	1
EPD	136,295	$25.94	—	$26.79	$3.54M	$3.65M	+3.28%	0.19%	+0.6 bps	1
BIDU	22,571	$127.61	—	$137.59	$2.88M	$3.11M	+7.82%	0.19%	+1.5 bps	1
PSX	32,271	$94.22	—	$114.67	$3.04M	$3.7M	+21.70%	0.18%	+3.9 bps	1
COP	30,634	$100.29	—	$117.69	$3.07M	$3.61M	+17.35%	0.17%	+2.9 bps	1
VZ	65,224	$36.77	—	$33.56	$2.4M	$2.19M	-8.73%	0.14%	-1.2 bps	1
EMR	23,253	$83.12	—	$95.90	$1.93M	$2.23M	+15.38%	0.11%	+1.7 bps	1
BAX	37,960	$42.82	—	$42.81	$1.63M	$1.63M	-0.02%	0.08%	-0.0 bps	1
HLN	132,783	$8.87	—	$8.68	$1.18M	$1.15M	-2.14%	0.06%	-0.1 bps	1
CSL	2,469	$213.45	—	$286.60	$527.01K	$707.62K	+34.27%	0.03%	+1.0 bps	1
CKX	10,600	$9.81	—	$10.49	$103.99K	$111.19K	+6.93%	0.01%	+0.0 bps	1
NWLI	—	—	—	—	—	—	—	0.59%	—	0
Top 5 (by entry value)(5)					$1.07B	$1.15B	+7.53%
Total(42)					$1.85B	$1.96B	+6.03%

2023-02-09 → 2023-05-15

43 of 44 priced99.33% coverage

+2.40%

Holdings from Q4 2022 disclosure · accession 0000950123-23-001270 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	683	$466020.00	—	$495900.00	$318.29M	$338.7M	+6.41%	17.14%	+109.9 bps	1
JNJTOP 5	1,233,596	$161.40	—	$159.55	$199.1M	$196.82M	-1.15%	11.67%	-13.4 bps	1
GOOGLTOP 5	2,017,730	$95.01	—	$116.51	$191.7M	$235.09M	+22.63%	9.53%	+215.7 bps	1
IONSTOP 5	3,541,136	$39.36	—	$36.24	$139.38M	$128.33M	-7.93%	7.16%	-56.8 bps	1
FMC	1,052,597	$129.10	—	$110.16	$135.89M	$115.95M	-14.67%	7.03%	-103.2 bps	1
KOF	1,931,256	$70.87	—	$88.84	$136.87M	$171.57M	+25.36%	7.02%	+178.0 bps	1
GOOGTOP 5	1,474,220	$95.46	—	$116.96	$140.73M	$172.42M	+22.52%	7.00%	+157.8 bps	1
ALV	1,000,752	$91.60	—	$87.14	$91.67M	$87.21M	-4.87%	4.10%	-20.0 bps	1
BRK-B	190,841	$307.21	—	$323.53	$58.63M	$61.74M	+5.31%	3.16%	+16.8 bps	1
AZO	22,117	$2490.28	—	$2706.53	$55.08M	$59.86M	+8.68%	2.92%	+25.4 bps	1
CSCO	850,018	$46.73	—	$47.10	$39.72M	$40.04M	+0.79%	2.17%	+1.7 bps	1
WFC	971,027	$47.57	—	$38.77	$46.19M	$37.65M	-18.50%	2.15%	-39.7 bps	1
CNXC	277,811	$146.92	—	$91.03	$40.82M	$25.29M	-38.04%	1.98%	-75.4 bps	1
BK	802,210	$51.57	—	$40.70	$41.37M	$32.65M	-21.08%	1.96%	-41.2 bps	1
FDX	170,602	$208.62	—	$222.42	$35.59M	$37.95M	+6.61%	1.58%	+10.5 bps	1
DEO	146,624	$172.38	—	$179.13	$25.28M	$26.26M	+3.92%	1.40%	+5.5 bps	1
UL	431,535	$49.85	—	$54.27	$21.51M	$23.42M	+8.87%	1.16%	+10.3 bps	1
AXP	122,303	$179.37	—	$150.00	$21.94M	$18.35M	-16.37%	0.97%	-15.8 bps	1
USB	379,343	$48.77	—	$29.65	$18.5M	$11.25M	-39.20%	0.89%	-34.7 bps	1
BAC	489,593	$35.72	—	$27.65	$17.49M	$13.54M	-22.59%	0.87%	-19.6 bps	1
FOX	522,860	$33.21	—	$28.62	$17.36M	$14.96M	-13.82%	0.80%	-11.0 bps	1
TFC	339,199	$47.93	—	$27.87	$16.26M	$9.45M	-41.85%	0.78%	-32.7 bps	1
CNHI	906,941	$16.00	—	$14.02	$14.51M	$12.72M	-12.38%	0.78%	-9.7 bps	1
INTC	468,096	$27.73	—	$29.80	$12.98M	$13.95M	+7.46%	0.66%	+4.9 bps	1
CMCSA	281,928	$37.90	—	$40.20	$10.69M	$11.33M	+6.07%	0.53%	+3.2 bps	1
UNP	45,453	$202.81	—	$199.64	$9.22M	$9.07M	-1.56%	0.50%	-0.8 bps	1
NVS	98,906	$86.31	—	$103.12	$8.54M	$10.2M	+19.48%	0.48%	+9.4 bps	1
THO	110,214	$93.16	—	$79.50	$10.27M	$8.76M	-14.66%	0.45%	-6.5 bps	1
PARA	382,040	$21.79	—	$15.81	$8.32M	$6.04M	-27.44%	0.35%	-9.5 bps	1
FMS	338,912	$19.05	—	$23.83	$6.46M	$8.08M	+25.09%	0.30%	+7.4 bps	1
GSK	139,327	$36.43	—	$36.78	$5.08M	$5.12M	+0.96%	0.26%	+0.3 bps	1
PGR	35,190	$137.18	—	$132.00	$4.83M	$4.65M	-3.78%	0.24%	-0.9 bps	1
COP	31,022	$109.93	—	$100.29	$3.41M	$3.11M	-8.77%	0.20%	-1.7 bps	1
PSX	32,401	$102.11	—	$94.22	$3.31M	$3.05M	-7.73%	0.18%	-1.4 bps	1
EPD	136,295	$25.80	—	$25.94	$3.52M	$3.54M	+0.54%	0.18%	+0.1 bps	1
BABA	37,165	$108.46	—	$88.34	$4.03M	$3.28M	-18.55%	0.18%	-3.3 bps	1
BIDU	23,004	$148.07	—	$127.61	$3.41M	$2.94M	-13.82%	0.14%	-1.9 bps	1
VZ	65,224	$39.81	—	$36.77	$2.6M	$2.4M	-7.64%	0.14%	-1.1 bps	1
EMR	26,210	$85.15	—	$83.12	$2.23M	$2.18M	-2.38%	0.13%	-0.3 bps	1
BAX	38,190	$40.14	—	$42.82	$1.53M	$1.64M	+6.68%	0.10%	+0.7 bps	1
HLN	137,913	$8.09	—	$8.87	$1.12M	$1.22M	+9.64%	0.06%	+0.6 bps	1
CSL	2,614	$253.68	—	$213.45	$663.12K	$557.96K	-15.86%	0.03%	-0.5 bps	1
CKX	10,600	$9.67	—	$9.81	$102.5K	$103.99K	+1.45%	0.01%	+0.0 bps	1
NWLI	—	—	—	—	—	—	—	0.67%	—	0
Top 5 (by entry value)(5)					$989.21M	$1.07B	+8.31%
Total(43)					$1.93B	$1.97B	+2.40%

2022-11-15 → 2023-02-09

45 of 46 priced99.67% coverage

+0.91%

Holdings from Q3 2022 disclosure · accession 0000950123-22-012472 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	863	$468233.00	—	$466020.00	$404.09M	$402.18M	-0.47%	15.44%	-7.3 bps	1
JNJTOP 5	1,488,820	$172.39	—	$161.40	$256.66M	$240.3M	-6.38%	10.71%	-68.2 bps	1
GOOGLTOP 5	2,391,480	$98.44	—	$95.01	$235.42M	$227.21M	-3.48%	10.07%	-35.1 bps	1
GOOG	1,578,765	$98.72	—	$95.46	$155.86M	$150.71M	-3.30%	6.68%	-22.1 bps	1
KOFTOP 5	2,339,541	$67.92	—	$70.87	$158.9M	$165.8M	+4.34%	6.01%	+26.1 bps	1
FMCTOP 5	1,238,282	$128.73	—	$129.10	$159.4M	$159.86M	+0.29%	5.76%	+1.7 bps	1
IONS	2,722,988	$43.52	—	$39.36	$118.5M	$107.18M	-9.56%	5.30%	-50.7 bps	1
AZO	48,839	$2425.60	—	$2490.28	$118.46M	$121.62M	+2.67%	4.60%	+12.3 bps	1
ALV	1,115,317	$88.21	—	$91.60	$98.38M	$102.16M	+3.84%	3.27%	+12.6 bps	1
WFC	1,555,090	$46.71	—	$47.57	$72.64M	$73.98M	+1.84%	2.75%	+5.1 bps	1
BK	1,490,827	$43.83	—	$51.57	$65.34M	$76.88M	+17.66%	2.53%	+44.6 bps	1
CNXC	504,353	$124.62	—	$146.92	$62.85M	$74.1M	+17.89%	2.48%	+44.3 bps	1
BAC	1,744,903	$37.70	—	$35.72	$65.78M	$62.33M	-5.25%	2.32%	-12.2 bps	1
BRK-B	192,829	$309.98	—	$307.21	$59.77M	$59.24M	-0.89%	2.27%	-2.0 bps	1
CSCO	1,063,483	$44.90	—	$46.73	$47.75M	$49.7M	+4.08%	1.87%	+7.6 bps	1
USB	918,298	$43.77	—	$48.77	$40.19M	$44.79M	+11.42%	1.63%	+18.6 bps	1
TFC	818,904	$46.33	—	$47.93	$37.94M	$39.25M	+3.45%	1.57%	+5.4 bps	1
INTC	1,223,850	$30.71	—	$27.73	$37.58M	$33.94M	-9.70%	1.39%	-13.5 bps	1
FOX	1,100,270	$28.99	—	$33.21	$31.9M	$36.54M	+14.56%	1.38%	+20.1 bps	1
UNP	158,458	$210.66	—	$202.81	$33.38M	$32.14M	-3.73%	1.36%	-5.1 bps	1
FDX	189,887	$176.26	—	$208.62	$33.47M	$39.61M	+18.36%	1.24%	+22.8 bps	1
DEO	147,583	$173.66	—	$172.38	$25.63M	$25.44M	-0.74%	1.10%	-0.8 bps	1
UL	458,543	$47.92	—	$49.85	$21.97M	$22.86M	+4.03%	0.88%	+3.6 bps	1
PGR	161,908	$123.06	—	$137.18	$19.92M	$22.21M	+11.47%	0.83%	+9.5 bps	1
AXP	123,794	$153.89	—	$179.37	$19.05M	$22.2M	+16.56%	0.74%	+12.2 bps	1
FMS	1,003,036	$15.44	—	$19.05	$15.49M	$19.11M	+23.38%	0.62%	+14.5 bps	1
THO	195,584	$88.49	—	$93.16	$17.31M	$18.22M	+5.28%	0.60%	+3.2 bps	1
PARA	663,765	$19.44	—	$21.79	$12.9M	$14.46M	+12.09%	0.56%	+6.7 bps	1
CMCSA	387,756	$34.28	—	$37.90	$13.29M	$14.7M	+10.56%	0.50%	+5.3 bps	1
CNHI	967,803	$15.16	—	$16.00	$14.67M	$15.48M	+5.54%	0.48%	+2.6 bps	1
CSL	33,404	$242.06	—	$253.68	$8.09M	$8.47M	+4.80%	0.41%	+2.0 bps	1
MS	105,055	$90.50	—	$98.05	$9.51M	$10.3M	+8.34%	0.37%	+3.0 bps	1
TTE	171,887	$59.56	—	$61.76	$10.24M	$10.62M	+3.69%	0.35%	+1.3 bps	1
NVS	100,709	$83.83	—	$86.31	$8.44M	$8.69M	+2.96%	0.34%	+1.0 bps	1
GSK	145,663	$32.29	—	$36.43	$4.7M	$5.31M	+12.82%	0.19%	+2.4 bps	1
EMR	47,451	$96.18	—	$85.15	$4.56M	$4.04M	-11.47%	0.15%	-1.8 bps	1
BABA	41,240	$79.30	—	$108.46	$3.27M	$4.47M	+36.77%	0.15%	+5.3 bps	1
EPD	136,295	$24.89	—	$25.80	$3.39M	$3.52M	+3.66%	0.14%	+0.5 bps	1
COP	31,252	$134.09	—	$109.93	$4.19M	$3.44M	-18.02%	0.14%	-2.5 bps	1
BIDU	24,371	$99.70	—	$148.07	$2.43M	$3.61M	+48.52%	0.13%	+6.1 bps	1
PSX	32,493	$111.11	—	$102.11	$3.61M	$3.32M	-8.10%	0.12%	-0.9 bps	1
VZ	61,229	$37.70	—	$39.81	$2.31M	$2.44M	+5.60%	0.10%	+0.6 bps	1
BAX	38,991	$54.34	—	$40.14	$2.12M	$1.57M	-26.13%	0.09%	-2.4 bps	1
HLN	179,811	$6.69	—	$8.09	$1.2M	$1.45M	+20.93%	0.05%	+1.0 bps	1
CKX	10,600	$10.58	—	$9.67	$112.15K	$102.5K	-8.60%	0.01%	-0.0 bps	1
NWLI	—	—	—	—	—	—	—	0.33%	—	0
Top 5 (by entry value)(5)					$1.21B	$1.2B	-1.57%
Total(45)					$2.52B	$2.55B	+0.91%

2022-08-12 → 2022-11-15

44 of 45 priced99.63% coverage

-3.20%

Holdings from Q2 2022 disclosure · accession 0000950123-22-008573 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	863	$452697.00	—	$468233.00	$390.68M	$404.09M	+3.43%	14.43%	+49.5 bps	1
JNJTOP 5	1,492,146	$165.30	—	$172.39	$246.65M	$257.23M	+4.29%	10.83%	+46.5 bps	1
GOOGLTOP 5	119,490	$2433.60	—	$1968.80	$290.79M	$235.25M	-19.10%	10.65%	-203.4 bps	1
GOOGTOP 5	81,803	$2453.00	—	$1974.40	$200.66M	$161.51M	-19.51%	7.32%	-142.8 bps	1
KOFTOP 5	2,434,974	$62.44	—	$67.92	$152.04M	$165.38M	+8.78%	5.50%	+48.3 bps	1
FMC	1,187,367	$112.27	—	$128.73	$133.31M	$152.85M	+14.66%	5.20%	+76.2 bps	1
AZO	53,746	$2259.18	—	$2425.60	$121.42M	$130.37M	+7.37%	4.72%	+34.8 bps	1
IONS	2,726,778	$44.10	—	$43.52	$120.25M	$118.67M	-1.32%	4.13%	-5.4 bps	1
ALV	1,095,510	$85.24	—	$88.21	$93.38M	$96.63M	+3.48%	3.21%	+11.2 bps	1
WFC	1,632,373	$45.94	—	$46.71	$74.99M	$76.25M	+1.68%	2.61%	+4.4 bps	1
BK	1,512,376	$44.90	—	$43.83	$67.91M	$66.29M	-2.38%	2.58%	-6.1 bps	1
BAC	1,878,523	$36.30	—	$37.70	$68.19M	$70.82M	+3.86%	2.39%	+9.2 bps	1
BRK-B	195,475	$301.55	—	$309.98	$58.95M	$60.59M	+2.80%	2.18%	+6.1 bps	1
CSCO	1,189,354	$46.61	—	$44.90	$55.44M	$53.4M	-3.67%	2.07%	-7.6 bps	1
FOX	1,669,868	$33.75	—	$28.99	$56.36M	$48.41M	-14.10%	2.03%	-28.6 bps	1
INTC	1,268,690	$36.11	—	$30.71	$45.81M	$38.96M	-14.95%	1.94%	-29.0 bps	1
USB	935,930	$48.77	—	$43.77	$45.65M	$40.97M	-10.25%	1.76%	-18.1 bps	1
FDX	183,723	$230.68	—	$176.26	$42.38M	$32.38M	-23.59%	1.70%	-40.2 bps	1
CMCSA	1,047,683	$40.00	—	$34.28	$41.91M	$35.91M	-14.30%	1.68%	-24.0 bps	1
TFC	821,582	$51.75	—	$46.33	$42.52M	$38.06M	-10.47%	1.59%	-16.7 bps	1
UNP	158,658	$239.95	—	$210.66	$38.07M	$33.42M	-12.21%	1.38%	-16.9 bps	1
DEO	148,423	$188.96	—	$173.66	$28.05M	$25.78M	-8.10%	1.06%	-8.6 bps	1
FMS	1,016,440	$18.88	—	$15.44	$19.19M	$15.69M	-18.22%	1.04%	-18.9 bps	1
UL	458,561	$47.78	—	$47.92	$21.91M	$21.97M	+0.29%	0.86%	+0.3 bps	1
PGR	163,518	$121.77	—	$123.06	$19.91M	$20.12M	+1.06%	0.78%	+0.8 bps	1
AXP	123,989	$165.84	—	$153.89	$20.56M	$19.08M	-7.21%	0.70%	-5.1 bps	1
PARA	646,810	$26.19	—	$19.44	$16.94M	$12.57M	-25.77%	0.65%	-16.8 bps	1
THO	195,679	$91.86	—	$88.49	$17.98M	$17.32M	-3.67%	0.60%	-2.2 bps	1
CNXC	92,660	$133.90	—	$124.62	$12.41M	$11.55M	-6.93%	0.51%	-3.6 bps	1
CNHI	970,133	$13.13	—	$15.16	$12.74M	$14.71M	+15.46%	0.46%	+7.1 bps	1
MS	122,670	$91.66	—	$90.50	$11.24M	$11.1M	-1.27%	0.38%	-0.5 bps	1
TTE	171,162	$54.02	—	$59.56	$9.25M	$10.19M	+10.26%	0.37%	+3.8 bps	1
NVS	98,430	$85.68	—	$83.83	$8.43M	$8.25M	-2.16%	0.34%	-0.7 bps	1
GSK	190,421	$35.34	—	$31.67	$6.73M	$6.03M	-10.38%	0.34%	-3.5 bps	1
CSL	33,384	$312.51	—	$242.06	$10.43M	$8.08M	-22.54%	0.33%	-7.3 bps	1
VZ	136,681	$45.15	—	$37.70	$6.17M	$5.15M	-16.50%	0.28%	-4.7 bps	1
EMR	62,465	$89.22	—	$96.18	$5.57M	$6.01M	+7.80%	0.20%	+1.6 bps	1
BABA	41,840	$94.77	—	$79.30	$3.97M	$3.32M	-16.32%	0.19%	-3.2 bps	1
BIDU	24,496	$140.36	—	$99.70	$3.44M	$2.44M	-28.97%	0.15%	-4.3 bps	1
EPD	136,295	$27.15	—	$24.89	$3.7M	$3.39M	-8.32%	0.14%	-1.1 bps	1
COP	33,197	$102.75	—	$134.09	$3.41M	$4.45M	+30.50%	0.12%	+3.7 bps	1
PSX	32,493	$90.00	—	$111.11	$2.92M	$3.61M	+23.46%	0.11%	+2.6 bps	1
BAX	39,222	$60.46	—	$54.34	$2.37M	$2.13M	-10.12%	0.10%	-1.0 bps	1
CKX	10,600	$11.20	—	$10.58	$118.72K	$112.15K	-5.54%	0.00%	-0.0 bps	1
NWLI	—	—	—	—	—	—	—	0.37%	—	0
Top 5 (by entry value)(5)					$1.28B	$1.22B	-4.48%
Total(44)					$2.63B	$2.55B	-3.20%

2022-05-13 → 2022-08-12

42 of 44 priced99.61% coverage

+2.46%

Holdings from Q1 2022 disclosure · accession 0000950123-22-005683 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	863	$465011.00	—	$452697.00	$401.3M	$390.68M	-2.65%	14.75%	-39.0 bps	1
GOOGLTOP 5	126,925	$2321.01	×20	$121.68	$294.59M	$308.88M	+4.85%	11.40%	+55.3 bps	1
JNJTOP 5	1,563,836	$176.85	—	$165.30	$276.56M	$258.5M	-6.53%	8.95%	-58.5 bps	1
GOOGTOP 5	82,230	$2330.31	×20	$122.65	$191.62M	$201.71M	+5.26%	7.42%	+39.1 bps	1
FMC	1,191,915	$116.77	—	$112.27	$139.18M	$133.82M	-3.85%	5.07%	-19.5 bps	1
AZO	72,939	$2001.11	—	$2259.18	$145.96M	$164.78M	+12.90%	4.82%	+62.1 bps	1
KOFTOP 5	2,683,796	$55.52	—	$62.44	$149M	$167.58M	+12.46%	4.76%	+59.4 bps	1
IONS	2,925,102	$36.08	—	$44.10	$105.54M	$129M	+22.23%	3.50%	+77.8 bps	1
WFC	2,037,793	$42.64	—	$45.94	$86.89M	$93.62M	+7.74%	3.19%	+24.7 bps	1
BRK-B	278,659	$310.36	—	$301.55	$86.48M	$84.03M	-2.84%	3.18%	-9.0 bps	1
CSCO	1,646,938	$49.56	—	$46.61	$81.62M	$76.76M	-5.95%	2.97%	-17.7 bps	1
BK	1,753,831	$43.46	—	$44.90	$76.22M	$78.75M	+3.31%	2.81%	+9.3 bps	1
ALV	1,120,450	$74.41	—	$85.24	$83.37M	$95.51M	+14.55%	2.77%	+40.3 bps	1
FOX	2,192,958	$31.24	—	$33.75	$68.51M	$74.01M	+8.03%	2.57%	+20.6 bps	1
BAC	1,927,288	$35.17	—	$36.30	$67.78M	$69.96M	+3.21%	2.57%	+8.2 bps	1
INTC	1,259,613	$43.60	—	$36.11	$54.92M	$45.48M	-17.18%	2.02%	-34.6 bps	1
USB	1,074,359	$48.60	—	$48.77	$52.21M	$52.4M	+0.35%	1.84%	+0.6 bps	1
MMM	344,800	$149.30	—	$152.24	$51.48M	$52.49M	+1.97%	1.66%	+3.3 bps	1
CMCSA	1,052,834	$41.48	—	$40.00	$43.67M	$42.11M	-3.57%	1.59%	-5.7 bps	1
TFC	843,161	$46.31	—	$51.75	$39.05M	$43.63M	+11.75%	1.54%	+18.1 bps	1
UNP	159,508	$230.76	—	$239.95	$36.81M	$38.27M	+3.98%	1.41%	+5.6 bps	1
FMS	1,026,935	$29.21	—	$18.88	$30M	$19.39M	-35.36%	1.12%	-39.5 bps	1
DEO	150,418	$189.81	—	$188.96	$28.55M	$28.42M	-0.45%	0.99%	-0.4 bps	1
UL	464,736	$46.17	—	$47.78	$21.46M	$22.21M	+3.49%	0.68%	+2.4 bps	1
CSL	85,026	$245.65	—	$312.51	$20.89M	$26.57M	+27.22%	0.68%	+18.4 bps	1
MS	226,390	$80.54	—	$91.66	$18.23M	$20.75M	+13.81%	0.64%	+8.8 bps	1
PGR	163,518	$107.82	—	$121.77	$17.63M	$19.91M	+12.94%	0.60%	+7.8 bps	1
THO	230,740	$81.99	—	$91.86	$18.92M	$21.2M	+12.04%	0.59%	+7.1 bps	1
CNHI	1,009,318	$14.38	—	$13.13	$14.51M	$13.25M	-8.69%	0.52%	-4.5 bps	1
CNXC	93,674	$146.44	—	$133.90	$13.72M	$12.54M	-8.56%	0.50%	-4.3 bps	1
VZ	294,046	$48.18	—	$45.15	$14.17M	$13.28M	-6.29%	0.48%	-3.0 bps	1
EMR	135,007	$83.68	—	$89.22	$11.3M	$12.05M	+6.62%	0.43%	+2.8 bps	1
TTE	177,733	$53.50	—	$54.02	$9.51M	$9.6M	+0.97%	0.29%	+0.3 bps	1
NVS	101,938	$85.82	—	$85.68	$8.75M	$8.73M	-0.16%	0.29%	-0.0 bps	1
GSK	196,819	$42.49	×0.9808	$36.03	$8.36M	$6.96M	-16.83%	0.28%	-4.7 bps	1
BABA	60,015	$87.99	—	$94.77	$5.28M	$5.69M	+7.71%	0.21%	+1.6 bps	1
BIDU	27,288	$116.94	—	$140.36	$3.19M	$3.83M	+20.03%	0.12%	+2.3 bps	1
EPD	136,295	$26.08	—	$27.15	$3.55M	$3.7M	+4.10%	0.11%	+0.5 bps	1
COP	34,340	$102.91	—	$102.75	$3.53M	$3.53M	-0.16%	0.11%	-0.0 bps	1
BAX	39,257	$73.03	—	$60.46	$2.87M	$2.37M	-17.21%	0.10%	-1.7 bps	1
PSX	33,847	$94.60	—	$90.00	$3.2M	$3.05M	-4.86%	0.09%	-0.5 bps	1
CKX	10,600	$11.30	—	$11.20	$119.78K	$118.72K	-0.89%	0.00%	-0.0 bps	1
NWLI	—	—	—	—	—	—	—	0.31%	—	0
ANAT	—	—	—	—	—	—	—	0.08%	—	0
Top 5 (by entry value)(5)					$1.31B	$1.33B	+1.09%
Total(42)					$2.79B	$2.86B	+2.46%

2022-02-10 → 2022-05-13

40 of 42 priced99.58% coverage

-10.10%

Holdings from Q4 2021 disclosure · accession 0000950123-22-001689 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	886	$480105.00	—	$465011.00	$425.37M	$412M	-3.14%	12.67%	-39.8 bps	1
GOOGLTOP 5	127,070	$2772.40	—	$2321.01	$352.29M	$294.93M	-16.28%	11.68%	-190.2 bps	1
JNJTOP 5	1,666,949	$169.42	—	$176.85	$282.41M	$294.8M	+4.39%	9.05%	+39.7 bps	1
GOOGTOP 5	86,110	$2772.05	—	$2330.31	$238.7M	$200.66M	-15.94%	7.91%	-126.0 bps	1
CSCO	2,793,769	$54.87	—	$49.56	$153.29M	$138.46M	-9.68%	5.62%	-54.4 bps	1
AZOTOP 5	83,739	$1939.54	—	$2001.11	$162.42M	$167.57M	+3.17%	5.57%	+17.7 bps	1
KOF	2,776,228	$52.84	—	$55.52	$146.7M	$154.14M	+5.07%	4.83%	+24.5 bps	1
FMC	1,192,500	$117.30	—	$116.77	$139.88M	$139.25M	-0.45%	4.16%	-1.9 bps	1
ALV	1,120,565	$101.17	—	$74.41	$113.37M	$83.38M	-26.45%	3.68%	-97.2 bps	1
BK	1,800,356	$63.47	—	$43.46	$114.27M	$78.24M	-31.53%	3.32%	-104.6 bps	1
WFC	2,157,631	$59.05	—	$42.64	$127.41M	$92M	-27.79%	3.28%	-91.3 bps	1
BAC	1,925,093	$49.05	—	$35.17	$94.43M	$67.71M	-28.30%	2.72%	-76.9 bps	1
BRK-B	281,043	$319.85	—	$310.36	$89.89M	$87.22M	-2.97%	2.67%	-7.9 bps	1
FOX	2,227,228	$40.05	—	$31.24	$89.2M	$69.58M	-22.00%	2.42%	-53.3 bps	1
MMM	346,800	$159.74	—	$149.30	$55.4M	$51.78M	-6.54%	1.95%	-12.8 bps	1
USB	1,080,432	$59.21	—	$48.60	$63.97M	$52.51M	-17.92%	1.93%	-34.5 bps	1
CMCSA	1,058,753	$48.92	—	$41.48	$51.79M	$43.92M	-15.21%	1.69%	-25.7 bps	1
CSL	210,551	$224.56	—	$245.65	$47.28M	$51.72M	+9.39%	1.66%	+15.6 bps	1
INTC	994,073	$48.86	—	$43.60	$48.57M	$43.34M	-10.77%	1.62%	-17.5 bps	1
TFC	842,806	$64.62	—	$46.31	$54.46M	$39.03M	-28.33%	1.57%	-44.4 bps	1
UNP	160,767	$242.12	—	$230.76	$38.92M	$37.1M	-4.69%	1.28%	-6.0 bps	1
DEO	153,361	$204.18	—	$189.81	$31.31M	$29.11M	-7.04%	1.07%	-7.5 bps	1
FMS	1,025,945	$33.63	—	$29.21	$34.5M	$29.97M	-13.14%	1.06%	-13.9 bps	1
UL	471,705	$51.22	—	$46.17	$24.16M	$21.78M	-9.86%	0.81%	-7.9 bps	1
MS	237,835	$107.57	—	$80.54	$25.58M	$19.16M	-25.13%	0.74%	-18.6 bps	1
CNHI	1,032,584	$19.03	—	$16.52	$19.65M	$17.06M	-13.16%	0.64%	-8.4 bps	1
CNXC	95,019	$202.44	—	$146.44	$19.24M	$13.91M	-27.66%	0.54%	-14.9 bps	1
PGR	163,073	$106.51	—	$107.82	$17.37M	$17.58M	+1.23%	0.53%	+0.7 bps	1
COP	225,883	$91.91	—	$102.91	$20.76M	$23.25M	+11.97%	0.52%	+6.2 bps	1
VZ	293,416	$53.04	—	$48.18	$15.56M	$14.14M	-9.16%	0.48%	-4.4 bps	1
EMR	136,302	$96.87	—	$83.68	$13.2M	$11.41M	-13.62%	0.40%	-5.5 bps	1
NVS	106,089	$85.83	—	$85.82	$9.11M	$9.1M	-0.01%	0.29%	-0.0 bps	1
TTE	184,933	$59.04	—	$53.50	$10.92M	$9.89M	-9.38%	0.29%	-2.7 bps	1
GSK	199,698	$43.59	—	$42.49	$8.7M	$8.48M	-2.52%	0.28%	-0.7 bps	1
BABA	59,810	$123.98	—	$87.99	$7.42M	$5.26M	-29.03%	0.23%	-6.5 bps	1
BIDU	28,555	$164.56	—	$116.94	$4.7M	$3.34M	-28.94%	0.13%	-3.9 bps	1
PSX	50,228	$89.46	—	$94.60	$4.49M	$4.75M	+5.75%	0.12%	+0.7 bps	1
BAX	39,801	$87.75	—	$73.03	$3.49M	$2.91M	-16.77%	0.11%	-1.8 bps	1
EPD	136,295	$24.08	—	$26.08	$3.28M	$3.55M	+8.31%	0.10%	+0.8 bps	1
CKX	10,600	$11.32	—	$11.30	$119.99K	$119.78K	-0.18%	0.00%	-0.0 bps	1
NWLI	—	—	—	—	—	—	—	0.33%	—	0
ANAT	—	—	—	—	—	—	—	0.08%	—	0
Top 5 (by entry value)(5)					$1.46B	$1.37B	-6.24%
Total(40)					$3.16B	$2.84B	-10.10%

2021-11-12 → 2022-02-10

44 of 46 priced99.56% coverage

+1.59%

Holdings from Q3 2021 disclosure · accession 0000950123-21-014853 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	886	$431575.00	—	$480105.00	$382.38M	$425.37M	+11.24%	12.18%	+136.9 bps	1
GOOGLTOP 5	127,195	$2973.56	—	$2772.40	$378.22M	$352.64M	-6.77%	11.36%	-76.9 bps	1
JNJTOP 5	1,674,726	$165.01	—	$169.42	$276.35M	$283.73M	+2.67%	9.04%	+24.1 bps	1
GOOGTOP 5	89,645	$2992.91	—	$2772.05	$268.3M	$248.5M	-7.38%	7.98%	-58.9 bps	1
CSCOTOP 5	3,007,873	$56.82	—	$54.87	$170.91M	$165.04M	-3.43%	5.47%	-18.8 bps	1
KOF	2,802,434	$53.45	—	$52.84	$149.79M	$148.08M	-1.14%	5.27%	-6.0 bps	1
AZO	87,253	$1886.23	—	$1939.54	$164.58M	$169.23M	+2.83%	4.95%	+14.0 bps	1
WFC	2,177,243	$50.96	—	$59.05	$110.95M	$128.57M	+15.88%	3.38%	+53.6 bps	1
BK	1,868,974	$60.08	—	$63.47	$112.29M	$118.62M	+5.64%	3.24%	+18.3 bps	1
ALV	1,113,530	$102.31	—	$101.17	$113.93M	$112.66M	-1.11%	3.19%	-3.6 bps	1
FMC	991,210	$106.09	—	$117.30	$105.16M	$116.27M	+10.57%	3.03%	+32.0 bps	1
FOX	2,249,220	$38.15	—	$40.05	$85.81M	$90.08M	+4.98%	2.79%	+13.9 bps	1
BAC	1,928,858	$46.91	—	$49.05	$90.48M	$94.61M	+4.56%	2.74%	+12.5 bps	1
BRK-B	285,756	$285.99	—	$319.85	$81.72M	$91.4M	+11.84%	2.61%	+30.8 bps	1
USB	1,090,847	$60.50	—	$59.21	$66M	$64.59M	-2.13%	2.17%	-4.6 bps	1
CMCSA	1,121,847	$53.50	—	$48.92	$60.02M	$54.88M	-8.56%	2.10%	-17.9 bps	1
MMM	349,172	$183.66	—	$159.74	$64.13M	$55.78M	-13.02%	2.05%	-26.7 bps	1
TFC	845,291	$62.70	—	$64.62	$53M	$54.62M	+3.06%	1.66%	+5.1 bps	1
AXP	270,039	$181.89	—	$195.51	$49.12M	$52.8M	+7.49%	1.51%	+11.3 bps	1
CSL	215,401	$239.63	—	$224.56	$51.62M	$48.37M	-6.29%	1.43%	-9.0 bps	1
INTC	630,833	$50.31	—	$48.86	$31.74M	$30.82M	-2.88%	1.12%	-3.2 bps	1
UNP	161,762	$242.44	—	$242.12	$39.22M	$39.17M	-0.13%	1.06%	-0.1 bps	1
DEO	160,419	$204.84	—	$204.18	$32.86M	$32.75M	-0.32%	1.03%	-0.3 bps	1
FMS	849,722	$33.13	—	$33.63	$28.15M	$28.58M	+1.51%	0.99%	+1.5 bps	1
EMR	290,078	$97.42	—	$96.87	$28.26M	$28.1M	-0.56%	0.91%	-0.5 bps	1
UL	498,692	$52.46	—	$51.22	$26.16M	$25.54M	-2.36%	0.90%	-2.1 bps	1
MS	237,835	$99.85	—	$107.57	$23.75M	$25.58M	+7.73%	0.77%	+6.0 bps	1
CNHI	1,069,327	$18.70	×1.149	$16.56	$20M	$20.35M	+1.75%	0.59%	+1.0 bps	1
CNXC	96,154	$182.11	—	$202.44	$17.51M	$19.47M	+11.16%	0.57%	+6.3 bps	1
COP	246,883	$72.36	—	$91.91	$17.86M	$22.69M	+27.02%	0.56%	+15.1 bps	1
VZ	294,281	$52.34	—	$53.04	$15.4M	$15.61M	+1.34%	0.53%	+0.7 bps	1
PGR	164,438	$96.17	—	$106.51	$15.81M	$17.51M	+10.75%	0.50%	+5.3 bps	1
TTE	194,908	$49.58	—	$59.04	$9.66M	$11.51M	+19.08%	0.31%	+6.0 bps	1
BABA	62,975	$166.81	—	$123.98	$10.5M	$7.81M	-25.68%	0.31%	-8.0 bps	1
NVS	111,180	$82.49	—	$85.83	$9.17M	$9.54M	+4.05%	0.30%	+1.2 bps	1
GSK	185,716	$42.53	—	$43.59	$7.9M	$8.09M	+2.49%	0.24%	+0.6 bps	1
BIDU	30,280	$170.57	—	$164.56	$5.16M	$4.98M	-3.52%	0.16%	-0.5 bps	1
PSX	60,899	$77.47	—	$89.46	$4.72M	$5.45M	+15.48%	0.14%	+2.2 bps	1
BAX	41,516	$79.46	—	$87.75	$3.3M	$3.64M	+10.43%	0.11%	+1.2 bps	1
JEF	84,440	$43.04	—	$38.35	$3.63M	$3.24M	-10.90%	0.10%	-1.1 bps	1
EPD	136,295	$23.31	—	$24.08	$3.18M	$3.28M	+3.30%	0.10%	+0.3 bps	1
AIT	29,370	$105.54	—	$95.00	$3.1M	$2.79M	-9.99%	0.09%	-0.9 bps	1
HSBC	36,786	$29.00	—	$37.86	$1.07M	$1.39M	+30.55%	0.03%	+1.0 bps	1
CKX	10,600	$12.09	—	$11.32	$128.15K	$119.99K	-6.37%	0.00%	-0.0 bps	1
NWLI	—	—	—	—	—	—	—	0.35%	—	0
ANAT	—	—	—	—	—	—	—	0.09%	—	0
Top 5 (by entry value)(5)					$1.48B	$1.48B	-0.06%
Total(44)					$3.19B	$3.24B	+1.59%

2021-08-12 → 2021-11-12

44 of 46 priced99.63% coverage

+1.42%

Holdings from Q2 2021 disclosure · accession 0000950123-21-010466 — these holdings should be identical to the manager's portfolio view for that quarter.

Ticker	Entry shares	Entry $	Split	Exit $	Entry value	Exit value	Return	Weight	Contribution	Valid
BRK-ATOP 5	912	$436545.00	—	$431575.00	$398.13M	$393.6M	-1.14%	10.72%	-12.2 bps	1
BABATOP 5	1,547,316	$191.66	—	$166.81	$296.56M	$258.11M	-12.97%	9.86%	-127.8 bps	1
GOOGLTOP 5	127,560	$2743.88	—	$2973.56	$350.01M	$379.31M	+8.37%	8.75%	+73.2 bps	1
GOOGTOP 5	114,540	$2767.79	—	$2992.91	$317.02M	$342.81M	+8.13%	8.06%	+65.6 bps	1
JNJTOP 5	1,730,200	$175.20	—	$165.01	$303.13M	$285.5M	-5.82%	8.01%	-46.6 bps	1
BIDU	973,657	$159.63	—	$170.57	$155.42M	$166.08M	+6.85%	5.58%	+38.2 bps	1
CSCO	3,555,515	$56.39	—	$56.82	$200.5M	$202.02M	+0.76%	5.29%	+4.0 bps	1
KOF	2,805,906	$57.55	—	$53.45	$161.48M	$149.98M	-7.12%	4.17%	-29.7 bps	1
AZO	87,711	$1630.50	—	$1886.23	$143.01M	$165.44M	+15.68%	3.68%	+57.7 bps	1
ALV	1,125,938	$98.83	—	$102.31	$111.28M	$115.19M	+3.52%	3.09%	+10.9 bps	1
WFC	2,257,353	$51.15	—	$50.96	$115.46M	$115.03M	-0.37%	2.87%	-1.1 bps	1
BK	1,904,650	$54.89	—	$60.08	$104.55M	$114.43M	+9.46%	2.74%	+25.9 bps	1
BAC	1,933,102	$42.15	—	$46.91	$81.48M	$90.68M	+11.29%	2.24%	+25.3 bps	1
FOX	2,256,543	$34.15	—	$38.15	$77.06M	$86.09M	+11.71%	2.23%	+26.1 bps	1
BRK-B	273,546	$290.24	—	$285.99	$79.39M	$78.23M	-1.46%	2.14%	-3.1 bps	1
MMM	351,251	$201.43	—	$183.66	$70.75M	$64.51M	-8.82%	1.96%	-17.3 bps	1
USB	1,129,228	$58.85	—	$60.50	$66.46M	$68.32M	+2.80%	1.81%	+5.1 bps	1
CMCSA	1,123,714	$59.03	—	$53.50	$66.33M	$60.12M	-9.37%	1.80%	-16.9 bps	1
TFC	848,104	$58.51	—	$62.70	$49.62M	$53.18M	+7.16%	1.32%	+9.5 bps	1
AXP	272,355	$168.52	—	$181.89	$45.9M	$49.54M	+7.93%	1.26%	+10.0 bps	1
ABBV	390,370	$115.64	—	$116.97	$45.14M	$45.66M	+1.15%	1.24%	+1.4 bps	1
CSL	223,027	$207.57	—	$239.63	$46.29M	$53.44M	+15.45%	1.20%	+18.5 bps	1
UNP	176,964	$227.66	—	$242.44	$40.29M	$42.9M	+6.49%	1.09%	+7.1 bps	1
INTC	630,969	$53.54	—	$50.31	$33.78M	$31.74M	-6.03%	0.99%	-6.0 bps	1
DEO	174,340	$199.06	—	$204.84	$34.7M	$35.71M	+2.90%	0.94%	+2.7 bps	1
UL	504,880	$57.03	—	$52.46	$28.79M	$26.49M	-8.01%	0.83%	-6.6 bps	1
EMR	295,256	$104.11	—	$97.42	$30.74M	$28.76M	-6.43%	0.80%	-5.1 bps	1
MS	282,035	$104.67	—	$99.85	$29.52M	$28.16M	-4.60%	0.73%	-3.3 bps	1
FMS	604,964	$40.04	—	$33.13	$24.22M	$20.04M	-17.26%	0.71%	-12.2 bps	1
CNHI	1,107,302	$17.46	—	$18.70	$19.33M	$20.71M	+7.10%	0.52%	+3.7 bps	1
VZ	296,926	$55.64	—	$52.34	$16.52M	$15.54M	-5.93%	0.47%	-2.8 bps	1
CNXC	97,622	$165.11	—	$182.11	$16.12M	$17.78M	+10.30%	0.44%	+4.5 bps	1
COP	249,108	$57.04	—	$72.36	$14.21M	$18.03M	+26.86%	0.43%	+11.4 bps	1
PGR	135,183	$96.94	—	$96.17	$13.1M	$13M	-0.79%	0.37%	-0.3 bps	1
NVS	115,403	$92.87	—	$82.49	$10.72M	$9.52M	-11.18%	0.30%	-3.3 bps	1
TTE	201,184	$45.09	—	$49.58	$9.07M	$9.97M	+9.96%	0.26%	+2.5 bps	1
GSK	188,915	$40.47	—	$42.53	$7.64M	$8.03M	+5.09%	0.21%	+1.1 bps	1
PSX	61,608	$74.44	—	$77.47	$4.59M	$4.77M	+4.07%	0.15%	+0.6 bps	1
BAX	41,516	$73.86	—	$79.46	$3.07M	$3.3M	+7.58%	0.09%	+0.7 bps	1
EPD	136,295	$22.77	—	$23.31	$3.1M	$3.18M	+2.37%	0.09%	+0.2 bps	1
JEF	88,595	$35.67	—	$43.04	$3.16M	$3.81M	+20.66%	0.09%	+1.8 bps	1
AIT	32,890	$91.28	—	$105.54	$3M	$3.47M	+15.62%	0.08%	+1.3 bps	1
HSBC	45,137	$28.47	—	$29.00	$1.29M	$1.31M	+1.86%	0.04%	+0.1 bps	1
CKX	10,600	$11.53	—	$12.09	$122.22K	$128.15K	+4.86%	0.00%	+0.0 bps	1
NWLI	—	—	—	—	—	—	—	0.31%	—	0
ANAT	—	—	—	—	—	—	—	0.06%	—	0
Top 5 (by entry value)(5)					$1.66B	$1.66B	-0.33%
Total(44)					$3.63B	$3.68B	+1.42%